May 25, 2022
TD Bank no longer faces an action seeking to hold it liable for an investment firm's losses of nearly $300,000 stemming from a sophisticated phishing scam.
October 07, 2021
TD Bank NA has told a New Jersey federal court that it cannot be held liable for the nearly $300,000 that private equity firm Moore Capital Holdings LLC lost in a cyber fraud scheme, saying the bank followed "commercially reasonable security procedures" after a company employee gave confidential information to hackers.
August 10, 2021
Private equity company Moore Capital Holdings hit TD Bank with a suit in New Jersey federal court Tuesday, arguing that the bank dropped the ball when responding to a cyber fraud scheme that cost the company almost $300,000.