TD Bank NA has told a New Jersey federal court that it cannot be held liable for the nearly $300,000 that private equity firm Moore Capital Holdings LLC lost in a cyber fraud scheme, saying the bank followed "commercially reasonable security procedures" after a company employee gave confidential information to hackers.
TD Bank Must Face Claims It Opened Accounts, Seized Funds
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TD Bank Must Face Claims It Opened Accounts, Seized Funds
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.