#USA #New York #Securities Fraud #Rosen Law Firm #TELUS International

Investors Urged to Join Class Action Against TELUS International

The Rosen Law Firm, widely recognized for its commitment to defending the rights of investors, has announced the initiation of a class action lawsuit targeting TELUS International (Cda) Inc. (NYSE: TIXT). This legal move is particularly significant for those who purchased securities of TELUS between February 16, 2023, and August 1, 2024. During this period, numerous allegations surfaced, claiming that the company misled investors regarding its financial health and future prospects.

Why This Lawsuit Matters

Trading in TELUS securities during the designated period could entitle investors to compensation, and what’s more, participants are not required to pay any fees upfront due to a contingency arrangement. This model allows investors to recover losses without facing any financial barriers.

The Rosen Law Firm is encouraging affected investors to step forward and consider serving as lead plaintiffs in this case. For those interested, the firm specifies that a motion must be filed by March 31, 2025, to take on this role, which involves representing other class members in the ongoing litigation.

The Allegations

The basis for the lawsuit stems from various undisclosed factors impacting TELUS's profitability during the Class Period. Key allegations include that:
1. TELUS International's efforts in AI Data Solutions were achieved at the expense of its more lucrative offerings.
2. The company's declining profit margins were directly linked to its shift towards AI capabilities.
3. This shift, which was marketed to investors, carried ramifications that were not fully divulged, thereby creating misleading appearances about the company’s overall performance.

These claims denote a potentially serious breach of securities laws, as they suggest that investors were not given complete and accurate information upon which to base their investment decisions.

How to Participate

To join the class action, interested individuals are directed to visit this link or contact Phillip Kim, Esq. via telephone at 866-767-3653. Alternatively, inquiries can also be sent to [email protected].

It's vital for prospective plaintiffs to note that the class has not yet been certified; currently, individuals need to retain their counsel if they wish to pursue their claims through this lawsuit process. Otherwise, they can remain absent and uninvolved while still holding rights to future recoveries.

The Rosen Law Firm's Credibility

The Rosen Law Firm has proven itself to be a formidable advocate for investors globally. Their track record includes securing significant settlements, notably the largest securities class action settlement against a Chinese firm at that time. Furthermore, they have consistently been placed among the top firms in the country for successful securities class action litigations.

With accolades like being recognized as a Titan of the Plaintiffs’ Bar and having many of its attorneys lauded by industry authorities like Lawdragon, the firm brings substantial experience and success to this important fight for justice on behalf of investors.

Follow-Up and Updates

Investors should remain informed about the lawsuit’s proceedings and related developments. For ongoing updates, follow the Rosen Law Firm on their social media platforms like LinkedIn, Twitter, and Facebook.

In these challenging times for investors, being proactive and well-informed can make all the difference in safeguarding one’s investments and seeking justice where necessary. By joining this class action suit, investors can not only reclaim losses but also hold corporations accountable for their actions.