If so, you might be affected by a class action settlement.
THE CLASS ACTION
A class action was commenced in Ontario on behalf of residents of Canada who used coin counting machines at The Toronto Dominion Bank (“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 subject to court approval. The settlement is not an admission of liability, fault, or wrongdoing.
SETTLEMENT CLASS MEMEBRS
You may be a member of the settlement class if you used a coin counting machine at TD Bank between January 1, 2013 and May 25, 2016.
Settlement class members have the right to exclude themselves from the class action (“opt-out”). If you opt-out you will not be eligible to participate in, or receive money from, the ongoing class action, but you will be able to start or continue your own case regarding the claims at issue. If you do nothing you will be eligible to participate in, and may receive money from, the ongoing class action, but you will not be able to start or continue your own case regarding the claims at issue.
If you wish to opt-out, you must submit a request to opt-out post-marked no later than April 5, 2019.
The settlement funds will be disseminated to settlement class members according to a distribution protocol. The distribution protocol requires court approval.
SETTLEMENT, DISTRIBUTION PROTOCOL AND FEE APPROVAL HEARINGS
Hearings to consider approval of the settlement, distribution protocol and class counsel’s fee request of 33% of the settlement, plus disbursements and applicable taxes, will be heard by the Ontario Court in the City of Kitchener on April 15, 2019.
You may express your views on the proposed settlements or class counsel’s fee request to the Courts. If you wish to do so you must act by April 5, 2019.
YOU ARE REPRESENTED BY: Sotos LLP