#New York #Canada #The Gross Law Firm #TELUS International #TIXT

TELUS International Shareholders: Important Notice Regarding Your Rights

In a recent announcement from The Gross Law Firm, shareholders of TELUS International (Cda) Inc. (NYSE: TIXT) are strongly encouraged to reach out before March 31, 2025, to discuss potential rights relating to a class action lawsuit. This notice is especially pertinent for those who acquired stocks during a specific period that the action covers.

Class Period and Allegations

The class action pertains to shares purchased from February 16, 2023, to August 1, 2024. Legal representatives allege that the company knowingly issued misleading statements and failed to disclose critical issues affecting its stock performance. The allegations include claims that:
1. The AI Data Solutions offered by Telus International involved sacrificing higher-margin services.
2. The profitability of the company declined due to its pursuit in developing AI solutions.
3. An increased shift toward AI directly impacted the company’s operational margins more severely than had been communicated to investors.
4. Positive public statements from the defendants regarding the company's performance were misleading and lack a factual basis.

Registration and Participation

Shareholders are advised not to hesitate in registering for this class action, as doing so could help them secure a potential recovery of losses. You can sign up here. Following registration, shareholders will gain access to portfolio monitoring software designed to provide updates on the progression of the case, as well as additional information pertinent to their participation.

Importance of Participation

Whether or not shareholders wish to seek the appointment of lead plaintiff does not hinder their ability to partake in the legal proceedings. The firm has emphasized that participation carries no cost or obligations to the shareholders in question.

About The Gross Law Firm

The Gross Law Firm, a nationally acclaimed class action law firm, is dedicated to safeguarding the rights of investors who have faced losses due to fraudulent actions or misleading disclosures in business practices. The firm actively seeks to ensure that corporate actions align with responsible and ethical standards. By representing investors harmed by these transgressions, they aim to support accountability among corporations.

With a commitment to transparency and fair practice, The Gross Law Firm invites all affected shareholders to come forward and explore their legal options. They are available for contact via email at [email protected] or by phone at (646) 453-8903.

This class action presents an incredible opportunity for TELUS International shareholders to join others in holding the company accountable for its business practices during the alleged class period. The deadline for critical actions is approaching, emphasizing the necessity for prompt engagement. All stakeholders should be vigilant and informed regarding these developments.