TD Bank Hit With Class Action Over Busted First Horizon Deal – Law360

By Katryna Perera (May 23, 2023, 4:46 PM EDT) — Shareholders of First Horizon have hit TD Bank with a proposed class action in New Jersey federal court over its failed acquisition of the financial services company, alleging it and its executives made false and misleading statements about their ability to get the regulatory approvals required to close the deal in the first quarter of 2023….