A settlement has been reached in a class action lawsuit pending in the United States District Court for the District of New Jersey titled Jimenez, et al. v. TD Bank, N.A., Case No. 1:20-cv-07699-NLH (D.N.J.) (the “Action”). In the Action, three people with TD Bank, N.A. consumer checking accounts allege that TD Bank, N.A. (“TD Bank”) reopened their accounts without customer authorization, allowing transactions to post to the reopened accounts. TD Bank disputes that contention and denies that it engaged in any wrongdoing. The Court has not decided which side is right. The Court granted Final Approval of the Settlement on November 9, 2023.

Current and former holders of a TD Bank consumer checking account that, between June 24, 2014, and April 25, 2023 (“Class Period”), was reopened by TD Bank without customer authorization after the account’s closure, and had a debit, credit, or fee post to the account after that reopening, may be eligible to receive a check.

Read this Settlement Website carefully. This website and the Long Form Notice advise you of the benefits that may be available to you under the proposed Settlement and your rights and options as a Settlement Class Member.


Your Legal Rights and Options in This Settlement
Submit a Claim

The Claim Filing deadline was October 22, 2023. Claims are no longer accepted.

If you submitted a Claim, and the Court approves the Settlement and it becomes final and effective, your Claim will be reviewed and, if approved, you will receive a check. If you submitted a Basic Claim and there are sufficient funds, you will receive a Basic Payment of $125. If you submitted additional information and documentation for an Enhanced Claim and there are sufficient funds, you will receive an Enhanced Payment equal to any losses you sufficiently documented. If in either case there are not sufficient funds, the Settlement Agreement provides for proportional reductions in payments. In no instance will the Enhanced Payment be less than the Basic Payment. Your check will be mailed to the address provided on the Claim Form and you will give up your right to bring your own lawsuit against TD Bank about claims related to the reopening of your TD Bank consumer checking account during the Class Period.
Exclude Yourself from the Settlement The deadline to request exclusion from the Settlement passed on September 22, 2023. Exclusions are no longer accepted.
Object The deadline to object to the Settlement passed on September 22, 2023. Objections are no longer accepted.
Go to a Hearing

The Final Approval Hearing was held on November 7, 2023.

Final Approval was granted on November 9, 2023.
Do Nothing

You will not receive a payment.

If you are a Settlement Class Member, you will give up your right to participate in further litigation against TD Bank about claims related to the reopening of your TD Bank consumer checking account during the Class Period.

These rights and options—and the deadlines to exercise them—are explained on this Settlement Website and also the Long Form Notice.

Current Status

Final Approval of the Settlement was granted on November 9, 2023. The Settlement will become final after either the time to appeal has expired or any appeal filed has been resolved in favor of the Settlement. Benefits will be distributed to members of the Settlement Class who submit approved Claims and who did not exclude themselves from the Settlement.


Important Dates
  • June 24, 2014–April 25, 2023
    Class Period
  • September 22, 2023
    Deadline to Exclude Yourself from the Settlement
  • September 22, 2023
    Deadline to Object to the Settlement
  • October 22, 2023
    Deadline to Submit a Claim Form
  • November 7, 2023, 2 p.m. ET
    Final Approval Hearing