Investors of TELUS International Encouraged to Join Securities Fraud Class Action Lawsuit

Alert for TELUS International Investors

In a significant legal development concerning TELUS International (Cda) Inc. (NYSE: TIXT), the Rosen Law Firm, which specializes in investor rights, has issued a critical reminder to those who purchased securities in the company between February 16, 2023, and August 1, 2024. This alert comes ahead of the important deadline of March 31, 2025, for investors wishing to be lead plaintiffs in a class action lawsuit concerning alleged securities fraud.

The Background

The call to action is directed towards investors who feel they may have been harmed financially due to misleading information disclosed by TELUS International during the specified class period. Allegations suggest that the company failed to adequately inform its investors that its ventures into AI Data Solutions were negatively impacting its profitability by cannibalizing more lucrative offerings. This situation has sparked serious concerns among shareholders about the accuracy and integrity of TELUS International's financial disclosures.

The lawsuit claims that positive statements made by the defendants regarding TELUS International's business strategies and future prospects were not only misleading but lacked a reasonable basis, creating false confidence among investors. When the true state of affairs emerged, those who had invested suffered considerable financial damages.

What Investors Should Do

Investors who feel they qualify to participate in this class action are encouraged to visit the Rosen Law Firm's website or contact their offices directly. Joining the class action does not require upfront payment of any out-of-pocket costs, as the firm operates on a contingency fee basis, meaning payment is only made if the lawsuit is successful.

To register for potential inclusion in this case, prospective plaintiffs are advised to complete the online form available through the Rosen Law Firm's dedicated portal. Alternatively, investors can also reach out to Phillip Kim, Esq. via email or phone for further information.

Key Deadline: All motions to serve as lead plaintiff must be submitted to the court by March 31, 2025. Serving as lead plaintiff allows an investor to take on the role of directing the litigation on behalf of the entire class, ensuring that the interests of those similarly affected are fully represented.

Why Trust Rosen Law Firm?

The Rosen Law Firm has earned a strong reputation in the field of investor rights litigation, with a proven track record of achieving significant settlements for their clients. The firm professionally represents investors globally, focusing on shareholder derivative litigation and securities class actions. Their past successes include the largest securities class action settlement against a Chinese company and a consistent top ranking in securities class action settlements.

Laurence Rosen, the founding partner, has been recognized in the legal community as a leading figure in plaintiff's bar advocacy. In 2019 alone, the firm recovered over $438 million for investors, underscoring their capacity and commitment to investor rights.

Case Details

The lawsuit against TELUS International highlights specific concerns regarding the company's operational strategies, particularly those surrounding their push into AI technology. It addresses multiple factors including the pressure on profit margins due to this shift, ensuring that investors are aware of the risks attached to the company’s decisions.

In light of these developments, all investors are strongly encouraged to stay informed and involved. While a class has yet to be certified, taking action at this stage can empower investors in their pursuit of justice and recovery.

For ongoing updates, follow the Rosen Law Firm on LinkedIn, Twitter, or Facebook.

Conclusion

If you are an investor in TELUS International and believe you have been misled regarding your investment, do not hesitate. Take advantage of the opportunity presented by this class action lawsuit by acting before the upcoming deadline. Your engagement can make a significant difference in holding responsible parties accountable and ensuring that investor rights are upheld.