#USA #New York #Class Action #Gross Law Firm #TELUS International

Important Notice for TELUS International Investors

The Gross Law Firm has issued a crucial reminder for all shareholders of TELUS International (Cda) Inc. (NYSE: TIXT) regarding a pending class action lawsuit. This announcement marks a significant opportunity for investors who might have experienced losses due to the company’s misleading statements during a specific period.

Class Period Details

Shareholders who purchased shares of TELUS International from February 16, 2023, to August 1, 2024, are particularly encouraged to take action. The firm aims to appoint lead plaintiffs and has set a deadline for applications by March 31, 2025. It’s essential for investors to recognize that while the appointment as a lead plaintiff isn’t required to recover losses, those who register will be informed about their status throughout the litigation process.

Allegations Against TELUS International

The class action complaint highlights several allegations against TELUS International’s management. Central claims suggest that during the class period, the executives issued materially false statements that misled investors regarding the company’s profitability and strategic decisions, particularly focusing on its AI Data Solutions offerings. Noted allegations include the following points:
1. The introduction of AI Data Solutions has cannibalized higher-margin offerings.
2. A decrease in profitability has been linked directly to the company's extensive focus on artificial intelligence.
3. There was a greater pressure on profit margins due to the shift toward AI that was not disclosed adequately to investors.
4. Consequently, positive assertions made by the company's representatives regarding its business and operational outlook were deemed materially misleading.

Importance of Registering

Shareholders who may have incurred losses during the specified class period must act quickly to register for the class action lawsuit. This registration comes at no cost and provides access to vital updates regarding the case’s dynamics. By signing up, investors will gain entry into a specialized portfolio monitoring system designed to keep them informed throughout the legal process.

Why Gross Law Firm?

The Gross Law Firm has established itself as a leading class action law firm, widely recognized for safeguarding investors' rights. It advocates for transparency and integrity in corporate practices and aims to recover losses for investors adversely affected by deceptive business conduct. The firm understands the stakes involved and strives to ensure that companies are held accountable for actions that lead to inflated stock prices based on misinformation.

Next Steps

To participate in this class action and secure your share of potential recovery, please reach out through the dedicated link provided. The firm ensures that there are no hidden fees—taking part is entirely cost-free, emphasizing their commitment to putting investors first.

• - Register Here

In conclusion, TELUS International shareholders should not take this matter lightly, given the legal implications and potential for recovery. The March 31 deadline is crucial, and timely action can make a significant difference for those who have experienced losses.

Contact Information

For further inquiries, shareholders can reach the Gross Law Firm by:

• - Email: [email protected]
• - Phone: (646) 453-8903
• - Office Address: 15 West 38th Street, 12th Floor, New York, NY 10018

Taking proactive steps now could provide much-needed restitution for those caught in the tumult of misrepresentation by TELUS International.