Toronto Dominion Bank is trading 3.1% down now at $124.24 after an Ontario court certified a shareholder class action over alleged misrepresentations about anti-money-laundering controls.
- The court granted leave for the case to proceed but has not ruled on the allegations; the defendants deny them.
- The broader financial sector was also lower, with XLF down 2.00%; a sharp wider-market selloff may add pressure.