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In Re TORONTO-DOMINION BANK/FIRST HORIZON CORPORATION SECURITIES LITIGATION
Case Number:
1:23-cv-02763
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 09, 2024
TD Bank Wants 'Absurd' First Horizon Merger Suit Tossed
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."
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August 30, 2023
Judge Consolidates TD, First Horizon Investors' Merger Suits
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.
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July 25, 2023
Firms Seek To Co-Lead TD Bank First Horizon Deal Suit
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.
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May 23, 2023
TD Bank Hit With Class Action Over Busted First Horizon Deal
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.