Investors of TELUS International (Cda) Inc. Urged to Join Class Action Lawsuit by Gross Law Firm

Gross Law Firm Issues Important Notice to TELUS International Investors

The Gross Law Firm has announced crucial information for shareholders of TELUS International (Cda) Inc. (NYSE: TIXT) who purchased shares during the specified class period from February 16, 2023, to August 1, 2024. Investors are encouraged to come forward and inquire about potentially becoming lead plaintiffs in the ongoing class action lawsuit. This legal progression follows allegations that the company misrepresented its financial health and misled its investors regarding significant developments in its AI Data Solutions business.

Background on the Lawsuit

During the mentioned period, TELUS International is accused of issuing materially false statements and failing to disclose critical information concerning its operations. The lawsuit's core allegations include:
1. The necessity for TELUS to cannibalize its higher-margin products to advance its AI Data Solutions offerings.
2. A clear link between declining profitability and the company's shift toward developing AI capabilities.
3. The pressure that the pivot to AI put on its margins, which significantly exceeded prior disclosures.
4. The misleading nature of statements made by the defendants regarding the overall performance and outlook of the company.

These allegations paint a troubling picture of TELUS International's management and their communications with shareholders, leading to potential investor losses. Investors who purchased shares within the specified timeline must act swiftly before the lead plaintiff registration deadline of March 31, 2025.

Next Steps for Investors

Those interested in joining the class action or becoming a lead plaintiff should register their details through the provided contact link. Upon registration, shareholders will receive updates regarding the progression of the case through portfolio monitoring software, ensuring they stay informed without any associated costs or obligations.

This legal battle aims to recover losses incurred by investors who were steered wrong by the misleading practices of TELUS International. It's important for affected investors to take proactive measures to safeguard their rights and investments.

Why Choose Gross Law Firm?

The Gross Law Firm, a nationally recognized legal entity specializing in class-action lawsuits, is committed to defending the rights of investors who have suffered due to deceitful practices. Their rigorous approach ensures that companies adhere to ethical norms and engage in responsible corporate governance. By acting against misleading information and fraud, the firm aims to restore the integrity of the investment environment.

Investors must recognize their power in the market and the importance of standing against corporations that engage in misleading practices. By participating in the class action, they not only work towards potential financial recovery but also contribute to the reinforcement of ethical standards within the business community.

For more detailed information or to express intent to join the class action, interested parties can contact The Gross Law Firm via email or phone. The firm is located at 15 West 38th Street, 12th Floor, New York, NY, 10018, with further details available on their website.

Contact Information

For inquiries, contact The Gross Law Firm at (646) 453-8903 or visit their official site. This class action underlines the need for transparency and accountability in corporate operations, aiming to protect the interests of all investors involved with TELUS International.