Calling All Investors of First Horizon Corporation (FHN) With Losses Exceeding $22M - Contact Bronstein, Gewirtz & Grossman, LLC Before Tomorrow’s Deadline!

NEW YORK, NY / ACCESSWIRE / July 20, 2023 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Toronto-Dominion Bank ("TD Bank") and several of its officers on behalf of all persons or entities that purchased or otherwise acquired securities of First Horizon Corporation ("First Horizon") (NYSE:FHN).

Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired First Horizon securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/fhn.

Case Details:

The Complaint alleges that Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about TD Bank's operations, the risks associated with the timing for the closing of the First Horizon acquisition, and TD Bank's ability to obtain the necessary regulatory approvals to make the statements made, in light of the circumstances under which they were made, not false and misleading. Specifically, the Complaint alleges that Defendants misrepresented and/or failed to disclose to the market that: (1) TD Bank had deficient controls over AML and suspicious transaction reporting; (2) that the lack of controls posed a significant risk to the closing of the First Horizon acquisition; and (3) that the deficient AML controls actually caused a delay in obtaining the regulatory approvals for the First Horizon acquisition. As a result, Defendants' positive statements about TD Bank's risk culture and its ability to timely close the First Horizon transaction were materially false and misleading and/or lacked a reasonable basis at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/fhn or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in First Horizon, you have until July 21, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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