Penny Arcade Settlement


Overview

If You Used a Penny Arcade Machine at a TD Bank, N.A. Store,
You May be Eligible for a Payment from a Class Action Settlement.

A Settlement has been reached in class action lawsuits challenging the accuracy of Penny Arcade coin-counting machines at TD Bank, N.A. ("TD Bank") stores. TD Bank denies any liability or wrongdoing, and the Court has not decided which side is right. However, to settle the case and avoid the costs and risks of litigation, TD Bank has agreed to a settlement.

You are a member of the Settlement Class, and you may be eligible for a payment from the Settlement Fund, if you used a TD Bank Penny Arcade coin-counting machine to exchange coins for a credit to a TD Bank Account or for cash, between April 11, 2010 and July 12, 2017 (the "Class Period"), and you are not excluded.


SUMMARY OF YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT
GET A PAYMENT OR ACCOUNT CREDIT AUTOMATICALLY If you conducted a Penny Arcade transaction during the Class Period at a time when you held a TD Bank checking, savings, personal loan, or business loan account ("Account"), you do not have to do anything to receive a Settlement Payment. Your Settlement Payment based on such transaction(s) will be made automatically by account credit or by check if the Court approves the Settlement and it becomes final. (Note that the Court has excluded current TD Bank employees and certain other persons from the Settlement Class.)
SUBMIT A CLAIM BY OCTOBER 27, 2017 If you conducted a Penny Arcade transaction during the Class Period at a time when you did not hold a TD Bank Account, you must have submitted a Claim Form by October 27, 2017 to be eligible to receive a Settlement Payment based on such transaction(s).
EXCLUDE YOURSELF BY OCTOBER 27, 2017 Get no benefits from the Settlement. If you exclude yourself from the Settlement, you will receive no benefits from the Settlement. This is the only option that allows you to participate in any other lawsuit against TD Bank about the issues in this case. See the Settlement Notice for more details.
OBJECT BY OCTOBER 27, 2017 Write to the Court if you don't like the Settlement. You may object to the Settlement and still receive a Settlement Payment if the Settlement is approved by the Court. See the Settlement Notice for more details.
GO TO A HEARING ON JANUARY 11, 2018 Ask to speak in Court about the fairness of the Settlement. See the Settlement Notice for more details.
DO NOTHING If you conducted a Penny Arcade transaction during the Class Period at a time when you held a TD Bank Account, you will still receive any Settlement Payment to which you are entitled if you take no action, and you will give up your right to participate in further litigation against TD Bank about the issues in this case.

If you conducted a Penny Arcade transaction during the Class Period at a time when you did not hold a TD Bank Account, but you take no action, you will not receive a Settlement Payment, and you will give up your right to participate in further litigation against TD Bank about the claims in this case.

These rights and options - and the deadlines to exercise them - are more fully explained in the Notice. You may also wish to read the Frequently Asked Questions section of this website for additional information. Your legal rights are affected whether you act or don't act. Please read the Notice and this website carefully.

The Court still has to decide whether to approve the Settlement. If it does, and any appeals are resolved, benefits will be distributed to those who qualify. Please be patient.

Proof of Claim

If you conducted a Penny Arcade transaction during the Class Period at a time when you did not hold a TD Bank Account, you must have submitted a Claim Form by October 27, 2017 to be eligible to receive a Settlement Payment based on such transaction(s).

If you conducted a Penny Arcade transaction during the Class Period at a time when you held a TD Bank checking, savings, personal loan, or business loan account ("Account"), you do not have to do anything to receive any Settlement Payment to which you are entitled.