TELUS International Investors Class Action Notice
The Gross Law Firm has made an important announcement for shareholders of TELUS International (Cda) Inc. (NYSE: TIXT). A class action lawsuit is currently pending, and affected shareholders are encouraged to take action. The deadline for appointing a lead plaintiff is March 31, 2025. This notification aims to inform investors about the required steps and the allegations against the company.
Background of the Case
This class action pertains to shareholders who purchased shares of TELUS International, particularly between February 16, 2023, and August 1, 2024. Allegations have surfaced that the company misrepresented several aspects of its business, particularly its AI Data Solutions, which reportedly cannibalized more profitable offerings. Furthermore, the complaint suggests that the company's declining profitability might be directly linked to its aggressive push into artificial intelligence, which has not only exerted pressure on profit margins but has also misled investors about the company’s actual performance and future prospects.
Important Dates and Deadlines
Shareholders should register as soon as possible to ensure their rights are protected. The primary deadline to file as a lead plaintiff is upcoming on March 31, 2025. Interested parties can register their information through the provided link, which connects to a secure submission form. Once registered, shareholders will gain access to ongoing updates about the case via a portfolio monitoring system, ensuring they remain informed throughout the lawsuit's lifecycle.
Next Steps for Shareholders
1.
Register Your Information: If you purchased shares during the specified class period, ensure that you complete the registration to be included in the lawsuit. Following registration, you will be part of an investor group that allows you to stay updated on the case’s progress.
Register Here
2.
Monitor for Progress: Utilize the portfolio monitoring software delivered upon registration to keep track of relevant developments and court proceedings.
3.
Contact Legal Advisors: For shareholders seeking to understand more about their involvement in the case or for any further inquiries, reaching out to The Gross Law Firm is advisable. Their expertise in securities class actions ensures proper guidance throughout this process.
Why Choose The Gross Law Firm?
The Gross Law Firm is a reputable name in class action litigation, dedicated to defending investors' rights. Their commitment to holding companies accountable for misleading practices and ensuring transparent business operations is the core of their mission. By choosing to work with this firm, investors can secure representation that aims for recovery of losses incurred due to fraudulent activities.
Conclusion
For TELUS International shareholders, understanding the implications of this class action lawsuit is crucial. With the looming deadline of March 31, 2025, prompt action is necessary to safeguard your investment interests. The Gross Law Firm remains available to assist you in navigating through this complex legal landscape, ensuring that your rights as an investor are prioritized. Don't miss this opportunity to take a stand and assert your rights as a shareholder.
For further assistance or legal representation, reach out to The Gross Law Firm, located in New York City.
Contact Information:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY 10018
Phone: (646) 453-8903
Email: [email protected]
Stay vigilant and proactive regarding your investments to ensure that you aren't left behind in this legal endeavor.