Coin-Counting Machines

The Toronto Dominion Bank, also known as TD Bank, is paying over half a million dollars to resolve a class action alleging that it breached agreements with customers. According to the complaint, the coin-counting machines in its retail branches did not accurately count coins deposited by customers.

TD Bank has agreed to settle a class action alleging that their “penny arcade” coin-counting machines did not accurately count the coins that customers deposited. Users deposited coins into the machines, and the machine purportedly counted the coins and gave them a receipt for the amount.