$150 Million Class Action can proceed against the Toronto-Dominion Bank



    WINDSOR, ON, Nov. 16 /CNW/ - In overturning the Divisional Court ruling,
the Ontario Court of Appeal has certified a class action against the
Toronto-Dominion Bank. The case involves allegations that the Toronto-Dominion
Bank charged undisclosed and unauthorized fees to Toronto-Dominion Visa
cardholders when the cardholders made purchases in foreign currencies from
1986-2003.
    The plaintiffs are represented by Sutts, Strosberg LLP and Pape
Barristers.
    Harvey T. Strosberg, Partner at Sutts, Strosberg LLP, said "this decision
is of fundamental importance to TD Visa cardholders as class members and to
the public. The Court of Appeal recognized the necessity of allowing a class
action against a financial institution which allegedly, repeatedly,
overcharged some of its customers' small amounts of money totaling tens of
millions of dollars."
    Paul Pape, Partner, Pape Barristers added "This is a decision which
reflects the new Chief Justice's understanding that the Class Proceedings
Action is to be used to bring justice to people with limited means. It will
now be far easier to bring action such as these to trial."

    Sutts, Strosberg LLP has offices in Windsor and Toronto and specializes
in class action law suits. Its lawyers have been involved in some of Canada's
most important class actions including the Walkerton class action, the Money
Mart class action and the Hepatitis-C class action against the Federal and
Provincial governments.





For further information:

For further information: Harvey T. Strosberg, Sutts, Strosberg LLP,
(519) 561-6228; Paul Pape, Pape Barristers, (416) 364-8765

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Sutts, Strosberg LLP Barristers & Solicitors

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