TD Raises Reserves by US$300-million for Further Claims

Financial Post, Barbara Shecter, 17 August 2005Toronto-Dominion Bank is shelling out US$130-million to settle claims with bankrupt Enron Corp., but there could be far worse news ahead as a massive lawsuit filed by shareholders of the disgraced energy trader works its way through the courts.Yesterday, TD raised a reserve set aside to cover other liabilities from its relationship with Enron by US