TD Ameritrade May Have Breached Duties, Jana, SAC Say

Bloomberg, Bradley Keoun, 28 June 2007TD Ameritrade Holding Corp., the third-biggest online broker, was accused by two hedge funds of allowing executives from part-owner Toronto-Dominion Bank to thwart its sale.Toronto-Dominion Chief Executive Officer Edmund Clark has played a ``significant role'' in merger discussions and is an ``impediment'' to a deal, Jana Partners LLC and SAC Capital Advisors