Deadline to Claim Your Payout from the $70.25M TD Asset Management Settlement Is in 3 Months

Case: CV-18-595380-00CP

Investors have only 3 months left to submit their claims and receive the payout from the $70.25M TD Asset Management settlement.

What is this settlement?

Between 2017 and 2024, TD Asset Management paid trailing commissions from its mutual fund assets to discount brokers, including TD Direct Investing, even though these brokers did not provide investment advice. These fees, intended for advisory services, were still charged to investors and reduced the value of their fund holdings.

Following a national class action in Canada, TD Asset Management has agreed to settle the case by paying $70.25M to affected investors.

What can you do to recover your losses now?

You can submit your claim and be notified of any further updates.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.