TD Bank Coin Machine Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

The Toronto Dominion Bank, also known as TD Bank, is paying over half a million dollars to resolve a class action alleging that it breached agreements with customers. According to the complaint, the coin-counting machines in its retail branches did not accurately count coins deposited by customers.

Docket Number:

C-680-16

Company: TD Bank NA

Filing Deadline: September 16, 2019

Class Period: January 1, 2013 to May 25, 2016

Objection Deadline: April 5, 2019

Exclusion Deadline: April 5, 2019

Final Approval Hearing: April 15, 2019

Proof of Purchase:

You must supply proof of the value of the coins deposited into the coin-counting machine, such as receipts and bank statements.

Eligibility:

You may be eligible if you are a person in Canada who used a coin-counting machine at the Toronto Dominion Bank between January 1, 2013 and May 25, 2016.

Typical Settlement Amount:

The net settlement fund will be distributed to all persons with valid claims according to a formula that takes into consideration the amount each person deposited in coins. Minimum payment is $25; maximum payment is 2% of claimed funds deposited. The net settlement fund is expected to be around $342,500.

Total Settlement Amount: $555,000

Class Representative Proposed Incentive Fee:

Law Firm:
Sotos LLP

Claim Form: TD Bank Coin Machine Settlement Claim Form

Case Name: Lisa Ram v. The Toronto Dominion Bank

Settlement Website: TD Bank Coin Machine Settlement Website

Claims Administrator:
Trilogy Class Action Services

Claims Administrator Contact Information:

Trilogy Class Action Services
c/o TD Coin Class Action Settlement
117 Queen Street
P.O. Box 1000
Niagara-on-the-Lake, ON L0S 1J0
claims@TrilogyClassActions.ca
1‑877‑400‑1211

Tags: Coin-Counting Machines, Your Bank