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  1. Home»
  2. Distribution of Settlement Funds –...»

Consumers Council of Canada News

Distribution of Settlement Funds – TD Coin Counting Class Action

by Author | May 16, 2019 | Class Action Notices, Right-Redress

Did you use a TD Coin Counting Machine between January 1, 2013 and May 25, 2016?

If so, apply now to receive money from the 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 not an admission of liability, fault, or wrongdoing.

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 APPLY 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.

YOU ARE REPRESENTED BY: Sotos LLP

QUESTIONS? Visit: www.TDcoinclassactioncanada.com, email inquiry@trilogyclassactions.ca or call 1‑877‑400‑1211

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