Wednesday, January 16, 2008

Shareholders Sue to Stop Commerce Bancorp Deal

Reuters, 16 January 2008Two Commerce Bancorp shareholders go to court on Thursday to try to block a shareholder litigation settlement that is key to the bank's $8.5 billion merger with Toronto-Dominion Bank .In court documents filed late last week, Ben Rozwood, an attorney for the two plaintiffs, asked the judge to throw out the proposed settlement reached by the companies and shareholder

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