#USA #Los Angeles #Schall Law Firm #Securities Fraud #TELUS International

Opportunity for Investors in TELUS International (Cda) Inc.

LOS ANGELES, March 3, 2025 — Investors holding shares of TELUS International (Cda) Inc. (NYSE: TIXT) may have a significant opportunity to participate in a class action lawsuit spearheaded by the Schall Law Firm, a prominent national firm advocating for shareholder rights. This potential class action pertains to allegations of securities fraud and misrepresentation by the company, which may have caused extensive financial losses to its investors.

Background on the Allegations

The class action lawsuit highlights violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, alongside Rule 10b-5 established by the U.S. Securities and Exchange Commission (SEC). The allegations focus on misleading statements made by TELUS regarding its Artificial Intelligence (AI) data solutions, which reportedly required the reduction of higher-margin offerings, directly impacting the company’s profitability.

According to the claim, between February 16, 2023, and August 1, 2024, TELUS International made public assertions that were significantly misleading. As the company transitioned towards developing AI solutions, it experienced a decline in profit margins. The assertion made by the company that the shift was beneficial was subsequently proven false when the state of their finances became transparent, leading to much investor suffering.

What Investors Should Know

Investors who purchased TELUS securities during the stated class period are strongly encouraged to contact the Schall Law Firm before March 31, 2025. Those who feel they have suffered losses as a result of these alleged misrepresentations should not hesitate to get involved to recover their damages.

Interested shareholders can reach the Schall Law Firm directly to discuss their potential participation in this lawsuit. The firm has offered a no-cost consultation to prospective class members. Brian Schall, a key figure in the firm, is available at the office located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or via phone at 310-301-3335. Additional information can also be accessed through their website at www.schallfirm.com.

It’s important to note that the class action is still pending certification. This means that until it is certified, individual investors are not yet represented in court. For those who choose to remain inactive, they will be considered absent members of the class and will miss out on potential recoveries.

The Consequences of Misleading Information

The fallout from these misleading statements may serve as a crucial reminder of the importance of transparency and accountability in corporate communications. As public knowledge about TELUS's financial struggles became apparent, investors faced dire consequences, emphasizing the need for strict adherence to truthful reporting by companies.

This lawsuit, led by the Schall Law Firm, aims to hold TELUS accountable and ensure that investors can reclaim their losses stemming from the alleged fraud. Investors are urged to act swiftly to safeguard their rights and potentially participate in this important legal proceeding.

As this case progresses, it will be closely watched, both for its implications for TELUS International and as a bellwether for shareholder rights in the tech industry’s ever-evolving relationship with AI and data solutions.

Stay tuned for updates from the Schall Law Firm regarding the status of this case, as they continue to advocate for justice on behalf of affected investors in TELUS International.