November 26, 2025
A New Jersey federal judge dismissed an investor class action over TD Bank's failed $13.4 billion merger with First Horizon Corp., finding that First Horizon investors can't sue because they never held TD Bank shares and the deal didn't close.
April 09, 2024
TD Bank has urged a New Jersey federal judge to dismiss a proposed class action from investors over the bank's failed merger with First Horizon, saying the investors can't sue because the deal never closed and the suit's asserted scienter claim "defies commonsense."
August 30, 2023
A New Jersey federal judge has joined lawsuits by First Horizon shareholders suing the institution and TD Bank over their failed consolidation, ruling that judicial economy would be improved by combining the cases even if they were initially aimed at two different banks.
July 25, 2023
Two law firms representing The Water Island Funds are seeking to serve as co-lead counsel in a securities lawsuit against TD Bank over a failed acquisition of financial services company First Horizon, a recent court filing showed.
May 23, 2023
Shareholders of First Horizon have hit TD Bank with a proposed class action in New Jersey federal court over its failed acquisition of the financial services company, alleging it and its executives made false and misleading statements about their ability to get the regulatory approvals required to close the deal in the first quarter of 2023.