Class Action Alert: Investors of TFI International Inc. Urged to Take Action by May 13, 2025
On May 6, 2025, Levi & Korsinsky, LLP announced a class action lawsuit against TFI International Inc. (NYSE: TFII), aimed to protect investors who may have suffered losses due to alleged securities fraud. The lawsuit focuses on a time period between April 26, 2024, and February 19, 2025, during which the company's operations and profitability were reportedly misrepresented. Investors who believe they were adversely affected are strongly encouraged to take action before the approaching deadline on May 13, 2025.
Case Overview
The class action seeks to recover damages for TFI International investors. According to the complaint, defendants made misleading statements that concealed significant challenges facing the company, including a decrease in small and medium business customers. This loss of clientele was said to affect the company's TForce revenue, which has been declining, ultimately impacting the profitability of its largest segment. The lawsuit alleges that these factors led to a series of false statements from the company, misleading investors about its true performance and prospects.
Key Details for Investors
For investors potentially affected, they can submit their information through Levi & Korsinsky's website to be contacted by legal representatives familiar with the case. The firm's record speaks to its long-standing expertise in handling complex securities litigation, having secured substantial recoveries for shareholders over the past 20 years.
What Investors Should Know
Investors are reassured that participation in the class action introduces no costs or fees upfront. Claimants do not need to serve as lead plaintiffs to share in potential recoveries. If you experienced financial losses related to TFI during the specified timeframe, this is a critical moment to seek justice.
Take Action Before Time Runs Out
Time is of the essence, as the deadline to join the class action is fast approaching. Interested investors can contact Joseph E. Levi, Esq. via email or call at (212) 363-7500 for more information on how to participate. With Levi & Korsinsky's track record making them a leading firm in securities litigation, aggrieved investors can trust their expertise to navigate this challenging scenario.
Conclusion
As the May 13, 2025 deadline looms ahead, TFI International investors are urged to act swiftly to safeguard their interests. This class action presents a vital opportunity to seek redress for losses incurred during an impactful period for TFI International Inc. and underscores the importance of shareholder vigilance in the face of corporate challenges.