Sunday, July 22, 2018

TD BANK SUED OVER COIN-COUNTING MACHINES

  Anthony Parisi Sanchez dumped socks full of change into TD Bank's Penny Arcade coin-counting machine every week for six years, turning hundreds of dollars' worth of pennies, nickels and dimes into what he assumed would be the same amount in cash.
  But media reports found the bank was undercounting the change. And this year TD Bank settled a class action case alleging that the machines had shorted consumers across the United States.
A Canadian class-action lawsuit filed in 2016 on behalf of people who allegedly were short-changed by the TD Bank coin-counting machines over a three-year period has yet to be resolved.
   The suit alleges that the bank had learned of many accuracy problems with its coin-counting machines in the United States, but still proceeded with a national rollout of the machines across Canada in January 2013.

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