#USA #New York #Class Action #Levi & Korsinsky #TFI International

Levi & Korsinsky Files Class Action Against TFI International Inc.

Levi & Korsinsky, LLP, a well-respected law firm specializing in securities litigation, has announced a class action lawsuit against TFI International Inc. (NYSE: TFII). This legal action, aimed at investors who have suffered financial losses from the company's alleged wrongdoings, marks an important step in seeking justice for those affected.

Background of the Case

The class action targets investors who encountered losses between April 26, 2024, and February 19, 2025. It is based on claims that TFI International misled shareholders by making false statements and concealing critical information about its business operations. The allegations include:

1. Loss of Customers: The company reportedly lost several small and medium business clients, which adversely affected its revenue.
2. Revenue Decline: The TForce revenue, a key segment of TFI International's operations, experienced a significant decline due to the loss of clients.
3. Cost Management Issues: TFI International struggled to manage its operational costs effectively, which further contributed to financial losses.
4. Misleading Statements: The firm's executives made positive statements about the company's prospects that were ultimately misleading and lacked a factual basis.

These allegations suggest a pattern of deception that has left many investors in a vulnerable financial position.

What This Means for Investors

Investors who suffered financial losses during the stated period should take immediate action. Levi & Korsinsky encourages these shareholders to contact them to find out if they qualify as class members. Those wishing to participate must act by May 13, 2025, as this date marks the deadline for requesting the appointment as lead plaintiff in the case. Notably, becoming a lead plaintiff is not a requirement for class members to recover potential financial damages.

No Cost to Participants

One appealing aspect of this class action is the financial burden it alleviates for participants. Investors can join the lawsuit without any out-of-pocket costs or obligations. Should compensation be awarded, affected shareholders may receive reimbursement without needing to pay legal fees.

Why Choose Levi & Korsinsky?

Levi & Korsinsky boasts an impressive track record in securities litigation over the past two decades. They have successfully secured hundreds of millions of dollars for aggrieved shareholders in various high-stakes cases. Their expertise in complex securities litigation is complemented by a dedicated team of more than 70 professionals, providing robust support for clients during the legal process.

For seven consecutive years, the firm has been recognized in the ISS Securities Class Action Services' Top 50 Report, solidifying its status as one of the leading firms in securities litigation across the United States.

How to Get Involved

Shareholders impacted by TFI International’s alleged actions can find further details and submit their information through a designated link provided by Levi & Korsinsky. Alternatively, they may contact Joseph E. Levi, Esq., directly via email at [email protected] or by phone at (212) 363-7500 for personalized assistance and information.

In conclusion, TFI International shareholders should act swiftly to utilize this opportunity for potential compensation through the ongoing class action lawsuit. With the expertise of Levi & Korsinsky at their disposal, affected investors can pursue justice for the financial losses they have endured.