Big news for a big bank! Toronto-Dominion Bank (TD Bank) is in a bit of legal trouble. A lawsuit says the bank didn't follow rules about keeping money safe from bad guys. This is all about making sure banks don't help people who do illegal things.
- A group of people sued TD Bank.
- They say the bank wasn't careful enough about stopping money laundering (that's when people hide money from the law).
- A judge will now decide if the bank did something wrong.
What Happened | Details |
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Lawsuit | Filed against TD Bank for not following anti-money laundering rules. |
Judge | US District Judge Arun Subramanian will oversee the case. |