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Ram v. The Toronto Dominion Bank, Case No. C-680-16

Who’s Eligible

Canadian citizens who used a TD Bank coin counting machine between Jan. 1, 2013 and May 25, 2016.

Potential Award

Up to two percent of the Class Member’s deposited coin value.

For example, if a Class Member deposited $500 in coins they may be entitled to $10. This situation assumes that the net settlement fund after deduction of fees and costs is $345,000 and that all Class Members claim a total deposited coin value of $1 million.

The example Class Member, having claimed $500 in deposited coins, would be eligible for 0.05 percent ($500/$1,000,000) of the $345,000 settlement fund.

This proportional share of the settlement fund would come to a total of $172.50, which equals 34.5 percent of the example Class Member’s deposited coins.

The settlement only allows consumers to collect two percent of their deposited coin value, so the example Class Member would be entitled to $10 in recovery.

However, it should be noted that claims will be paid a minimum of $25 in order to satisfy administrative requirements.

Proof of Purchase

Documentation supporting the value of deposited coins.

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Legal Action News is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other settlements you may be eligible for.

Claim Form Deadline

9/16/2019

Case Name

Ram v. The Toronto Dominion Bank, Case No. C-680-16, in the Ontario Superior Court of Justice

Final Hearing

4/15/2019

Settlement Website

Claims Administrator

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

Class Counsel

Jean Marc Leclerc
SOTOS LLP

Defense Counsel

Christine Lonsdale
MCCARTHY TETRAULT LLP

About the Author

Alexander Babenchuk
Alexander Babenchuk has worked in the legal industry since 2000. Beginning with medical offices, assisting medical providers to run their practice, and later as an Operations Manager for No-Fault collections, Personal Injury and Mass Torts law firms. Mr. Babenchuk has helped to develop several legal industry's most powerful software systems to automate and simplify the operations of law firms.
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