TD Bank to Pay $1.2 Billion to Settle Stanford Financial Ponzi Case

TD Bank to Pay $1.2 Billion to Settle Stanford Financial Ponzi Case

The New York Times - Business:

The Canadian lender settled claims arising from a scandal involving Stanford Financial, which collapsed in 2009 and cost ordinary investors some $7 billion.

This post first appeared in The New York Times - Business. Read the original article.