#United States #New York #Levi & Korsinsky #Securities Fraud #TFI International

Investor Alert: A Class Action Lawsuit Against TFI International Inc.

Levi & Korsinsky, LLP has raised an important alert for investors in TFI International Inc. (NYSE: TFII). A class action lawsuit has been initiated, focusing on potential securities fraud that occurred between April 26, 2024, and February 19, 2025. This legal action seeks to represent shareholders who may have suffered financial losses during this period.

Understanding the Allegations

The complaint filed in this matter outlines several serious allegations against the company's executives. It claims that TFI International made misleading statements regarding the health of its business operations. Specifically, the allegations point to a significant decline in revenues attributed to the loss of small and medium business customers. This downturn in TFI's TForce revenue is a critical factor in the lawsuit.

Additionally, the company's inability to effectively manage its costs has been highlighted as a major concern. The adverse impact of these operational struggles is reportedly leading to a decrease in profitability for TFI's largest business segment. These revelations contradict earlier claims made by the company, which painted a much more favorable picture of its business performance and prospects.

Key Details of the Case

The law firm representing the aggrieved investors, Levi & Korsinsky, underscores the material misleading nature of the defendants' statements regarding TFI International's operational strength. As the case progresses, the firm is reaching out to affected shareholders to ensure they are informed about their rights and the actions they can take.

Investors are encouraged to reach out if they experienced losses during the specified time frame. The deadline to file for being appointed as a lead plaintiff is approaching on May 13, 2025. However, being a lead plaintiff is not a prerequisite to participate in any potential recovery.

No Financial Obligation

One of the most appealing aspects of this class action for affected shareholders is that there will be no upfront costs associated with participating in the lawsuit. If you qualify as a class member, you may be able to seek compensation at no out-of-pocket expense. This aspect allows investors to engage in the legal process without financial risk.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky holds a strong track record of representing shareholders in complex securities litigation. The firm's extensive expertise has facilitated the recovery of hundreds of millions of dollars for investors in similar situations. The firm has consistently been recognized in ISS Securities Class Action Services' Top 50 Report as one of the premier securities litigation firms in the U.S.

Contact Information

For TFI International investors looking for more information or to discuss potential claims, legal representatives from Levi & Korsinsky are available to assist. Investors can contact Joseph E. Levi, Esq. at (212) 363-7500 or via email at [email protected]. The firm’s office is located at 33 Whitehall Street, 17th Floor, New York, NY 10004.

As more developments unfold regarding this lawsuit, TFI International investors should stay vigilant and informed about the implications of this legal action. Being proactive is crucial to ensuring that their interests are adequately represented and protected in the face of these allegations.

Conclusion

This class action lawsuit against TFI International Inc. serves as a reminder of the potential risks involved in investing. Shareholders need to evaluate their positions and seek assistance if they believe they have been affected by the company's prior communications. As the case moves forward, it brings to light the importance of transparency and accountability in corporate governance.