#United States #New York #Class Action #Levi & Korsinsky #TFI International

Recent Legal Actions Against TFI International Inc.

In a significant development, Levi & Korsinsky, LLP has put investors on notice concerning a class action lawsuit against TFI International Inc. (NYSE: TFII). The complaint addresses claims of securities fraud that allegedly occurred from April 26, 2024, to February 19, 2025, impacting numerous investors negatively.

Background of the Case

The class action lawsuit has been initiated to recover losses for shareholders affected by the company’s alleged misleading statements and practices. The filed complaint outlines several serious allegations against TFI International and its executives. Specifically, it claims that the company concealed vital information regarding its customer retention and revenue-generating capabilities.

According to the lawsuit, TFI International has been experiencing a decline in business from its small and medium-sized enterprise customers, which in turn has significantly affected its TForce revenue. Furthermore, the complaint alleges that the company struggled to manage its operational costs, resulting in flawed public statements regarding the profitability and future prospects of its largest business segment.

Key Allegations

The central assertions made in the lawsuit can be summarized as follows:
1. The company was purportedly losing key segments of its customer base, which are essential for maintaining profitability.
2. The noticeable drop in TForce revenue raises concerns about the sustainability of their operations.
3. Challenges in managing costs have further compounded the issues, leading to a potential decline in shareholder value.
4. Positive assertions made by company executives about business performance were allegedly misleading and fundamentally lacking in factual foundation.

Implications for Investors

For current and former shareholders of TFI International, this lawsuit could represent a crucial opportunity to seek compensation for losses incurred during the specified period. Investors who believe they were adversely affected have until May 13, 2025, to act. They may request the appointment of a lead plaintiff but participation in the recovery does not necessitate this role. This aspect of the petition allows a wider array of investors to engage without additional financial burden.

No Cost Participation

Notably, shareholders joining the class action, if deemed eligible, do not incur any out-of-pocket costs. Levi & Korsinsky ensures that any participation requires no financial commitment from those affected, which further enhances accessibility for aggrieved shareholders.

The Levi & Korsinsky Approach

Levi & Korsinsky's reputation as a formidable player in securities litigation spans over two decades, where it has successfully secured hundreds of millions for its clients. The law firm's depth of experience includes an intricate understanding of complex litigations, and their strategic legal maneuvers have led them to be recognized consistently in top securities litigation lists across the United States.

Contact Information

Investors looking for more details or wishing to join the lawsuit can contact Joseph E. Levi, Esq., at Levi & Korsinsky via email at info@zlk.com or by phone at (212) 363-7500. The firm also outlines additional resources via their official website for those interested in pursuing the matter further.

In summary, the class action lawsuit against TFI International Inc. presents a timely opportunity for affected investors to advocate for their rights and possibly recover losses stemming from alleged misconduct. With an emphasis on no-cost participation required, it enables transparency and proactive involvement for all stakeholders concerned about the integrity of their investments.