#USA #New York #Securities Fraud #Levi Korsinsky #TFI International

Investor Alert: Class Action Lawsuit Against TFI International Inc.

In recent developments, Levi & Korsinsky, LLP has announced a class action lawsuit against TFI International Inc. (NYSE: TFII) that seeks to represent investors who may have suffered losses due to allegations of securities fraud. This legal action highlights serious concerns about the company's transparency and profitability, particularly affecting investors over a defined period.

Background of the Lawsuit

The legal claims focus on the timeline from April 26, 2024, to February 19, 2025. During this period, the complaint alleges that TFI International Inc. engaged in misleading practices that adversely affected shareholders. The core of the allegations revolves around several key points. Firstly, it is claimed that TFI International Inc. was losing significant small and medium-sized business clients, which directly impacted its revenue stream, specifically in its TForce logistical segment.

Additionally, the lawsuit states that the company faced challenges in managing its operational costs, which subsequently affected profitability within its largest business segment. Allegedly, the company's executives made public statements regarding its operational success and growth potential that lacked a reasonable foundation and were misleading to investors.

Implications for Affected Investors

This class action lawsuit could mark a significant turning point for many individual investors who have faced declines in their investments in TFI International Inc. If you believe that you are a part of this excluded group of affected investors, it is critical to be aware of the upcoming deadline to join the suit. Investors have until May 13, 2025, to apply for lead plaintiff status, which, while beneficial, is not a prerequisite for compensation to participate in any potential recovery from the lawsuit.

The lawsuit presents an opportunity for investors to recover losses incurred during the relevant timeframe without upfront costs. Those involved may also gain insights into how misleading information can drive down stock prices, emphasizing the importance of due diligence when it comes to investing in publicly traded companies.

Why Levi & Korsinsky?

Levi & Korsinsky has a long-standing reputation for representing aggrieved shareholders in complex securities litigation. With over 20 years of experience, the firm has secured hundreds of millions on behalf of investors. Their team not only has the expertise necessary to navigate high-stakes cases but also possesses an understanding of the subtle nuances in financial reporting that can lead to securities fraud claims.

As one of the top-ranked securities litigation firms in the United States according to ISS Securities Class Action Services, the firm stands prepared to vigorously defend the rights of TFI investors.

For more detailed information about this lawsuit or to find out if you qualify as a member of the class, TFI investors are encouraged to reach out directly to Joseph E. Levi or his team. They can be contacted at (212) 363-7500 or via email at info@zlk.com. Moreover, potential class members can visit the Levi & Korsinsky website to gather further information and submit necessary documents related to the lawsuit.

Conclusion

The ongoing situation surrounding TFI International Inc. serves as a reminder of the potential risks associated with investing in public companies, particularly those under scrutiny for their financial practices. Affected investors should consider taking action and seeking the guidance necessary to protect their interests during this challenging time. The class action lawsuit not only seeks justice for those impacted but also reinforces the importance of corporate accountability and transparency in the market.

Stay informed about your rights as an investor and remain proactive. This case may set an important precedent for how securities fraud is treated in the future, potentially providing a significant payout to those affected by the alleged misconduct of TFI International Inc.