Le Lézard
Classified in: Business

TD MUTUAL FUNDS CLASS ACTION REGARDING TRAILING COMMISSIONS PAID TO DISCOUNT BROKERS - NOTICE OF CERTIFICATION AND OPT-OUT DEADLINE


LONDON, ON, Jan. 12, 2022 /CNW/ - HAVE YOU HELD UNITS OF A TD MUTUAL FUND THROUGH A DISCOUNT BROKER?

The Superior Court of Justice of Ontario has certified a class action which permits a defined group of investors (the "Class") to pursue claims against TD Asset Management Inc. ("TDAM"). It is alleged that TDAM paid excessive, inflated, and/or unearned trailing commissions to Discount Brokers out of the assets of the TD Mutual Fund trusts. The class action claims monetary damages on behalf of the Class. The allegations made in the class action have not been proven and are contested by TDAM.  

If you wish to participate in the class action, DO NOTHING.

If you do not wish to participate in the class action, be bound by or receive any benefits from it, you must opt out
by sending the opt-out form to RicePoint Administration Inc. by April 8, 2022.  

To obtain a copy of the opt-out form or for other important information regarding the class action:

The publication of this notice was authorized by
the Superior Court of Justice of the Province of Ontario

SOURCE Siskinds LLP


These press releases may also interest you

at 17:15
Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty, praised the Government of Canada's 2024 federal budget commitment to invest $60 million over the next 5 years to expand free,...

at 17:12
SEICon, a first-of-its-kind Sports, Entertainment & Innovation Conference, is thrilled to announce that ON, a leading AI chat platform, has joined as a sponsor for the inaugural event July 15-17 at the Virgin Hotels Las Vegas. Visit the SEICon...

at 17:12
U-Haul® broke ground last week on a new retail, moving and self-storage facility at 3500 Powder House Road. U-Haul Moving & Storage...

at 17:11
M&T Bank Corporation ("M&T") announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"). The dividend will be payable...

at 17:10
Eversource Energy will webcast a conference call with financial analysts on Thursday, May 2, 2024, beginning at 9 a.m. Eastern Time, at which senior management will review the company's financial performance through the first quarter of 2024. This...

at 17:06
Trading resumes in: Company: Pulse Oil Corp. TSX-Venture Symbol: PUL All Issues: Yes Resumption (ET): 8:00 AM 4/17/2024 CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading...



News published on and distributed by: