To All Persons in Canada Who Used a Coin Counting Machine at TD Bank between January 1, 2013 and May 25, 2016.
TORONTO--(BUSINESS WIRE)--May 16, 2019--
This notice is about a class action relating to coin counting machines formerly located at branches of The Toronto Dominion Bank (“TD Bank”) in Canada.
A class action was commenced in Ontario on behalf of residents of Canada who used coin counting machines at TD Bank alleging that the machines did not properly count the deposited coins.
A settlement of the class action has been reached with TD Bank for $555,000. The settlement is not an admission of liability, fault, or wrongdoing. The settlement and the plan for distributing the funds have been approved by the Court.
Am I Eligible to Receive Money?
You are eligible to receive money if, between January 1, 2013 and May 25, 2016, you used a coin counting machine at TD Bank.
How Much Money Will I Receive?
Payments will be distributed on a proportional basis, based on the value of your claim relative to the value of all approved claims. The value of your claim for the purpose of determining your share of the settlement funds will be calculated based on the total value of coins you deposited into a TD coin counting machine. See www.TDcoinclassactioncanada.com for more information.
Do I Need Proof of Coin Deposits?
You must provide some sort of documentation that supports the value of deposited coins that you are claiming. Supporting documentation may include receipts produced by TD coin counting machines or excerpts of bank statements showing the relevant deposits.
How Do I Apply to Receive a Payment?
Apply for payments using the online claims process at www.TDcoinclassactioncanada.com.
It does not cost anything to apply to receive a payment. Counsel fees will be paid out of the settlement funds.
What Is the Deadline for Applying to Receive Payments?
Applications must be made no later than 16 SEPTEMBER, 2019.
When Will I Receive My Money?
Accurate processing takes time. Depending on the number of applications filed, it could be up to one year before you receive compensation.
Please check www.TDcoinclassactioncanada.com for regular updates.
Who are the lawyers who represent the class?
The law firm of Sotos LLP represents the plaintiff and the class (“Class Counsel”). The lawyers will be paid on a contingency fee basis.
Sotos LLP can be reached at:
Telephone (toll free): 1-888-977-9806
Mail: 180 Dundas Street West, Suite 1200, Toronto ON M5G 1Z8, Attention: TD Coin Class Action
This press release contains a summary of some of the terms of the settlement agreement and the distribution protocol. If there is a conflict between the provisions of this press release and the settlement agreement or distribution protocol, the terms of the settlement agreement or distribution protocol, as applicable, shall prevail.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190516005028/en/
CONTACT: Carole Harlock,
Trilogy Class Action Services,
c/o TD Coin Class Action Settlement,
Phone: 1 877 400 1211,
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Trilogy Class Action Services
Copyright Business Wire 2019.
PUB: 05/16/2019 08:00 AM/DISC: 05/16/2019 08:01 AM