TD Bank faces class action lawsuit by former Chinese-American employees

Suit says TD tried to give the impression it was conducting serious investigations during the AML scandal, but was targeting Chinese and Chinese-American employees.

Five Chinese and Chinese-American former employees have sued Toronto-Dominion Bank (TD Bank), claiming they were improperly dismissed from branches in New York as part of the bank’s effort to investigate federal authorities’ allegations of widespread money laundering against it.

The litigants claim they were “unjustly” linked to Chinese money brokers that

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