#USA #New York #Gross Law Firm #Securities Class Action #TFI International

Gross Law Firm Takes Action for TFI Shareholders

On April 7, 2025, The Gross Law Firm announced significant news for shareholders of TFI International Inc. (NYSE: TFII). The firm has filed a class action lawsuit aimed at those who purchased shares of TFI between April 26, 2024, and February 19, 2025. This legal action arises due to allegations that TFI’s management provided misleading statements regarding the company's performance and customer retention.

Context and Allegations

During the specified class period, it is claimed that TFI International faced considerable challenges, including the loss of small and medium business clients. As a consequence, the company’s TForce revenue began to decline. Moreover, operational difficulties in managing costs further exacerbated TFI’s financial situation. The allegations state that these issues led to a significant decrease in the profitability of TFI's largest business segment.

The lawsuit contends that executives at TFI made optimistic claims regarding the company's business prospects, which were not based on sound evidence. As a result, these statements misled investors, contributing to an artificial inflation of the company’s stock price.

Importance of Participating

Shareholders who purchased TFI shares during the specified timeframe are strongly encouraged to reach out to The Gross Law Firm regarding potential participation in the class action as lead plaintiffs. Importantly, potential lead plaintiff status is not a prerequisite; shareholders can still participate and seek recovery without it.

The deadline for registering as a potential lead plaintiff is May 13, 2025. Shareholders are urged to act promptly in ensuring their rights are protected in this matter. Registration is a straightforward process, and shareholders will benefit from the law firm’s portfolio monitoring system, which provides regular case status updates throughout the litigation's duration.

Why Choose Gross Law Firm?

The Gross Law Firm is a well-respected class action law firm known for its dedication to safeguarding investor rights. The firm's mission revolves around representing those who suffer losses due to deceitful corporate conduct and misleading business practices. By holding companies accountable, The Gross Law Firm aims to ensure that investors receive compensation for losses incurred when their investments are influenced by false statements or omissions.

For those interested in joining the class action, further details and registration can be completed via the firm’s official website, where individuals can submit their information for filing purposes. This opportunity represents a critical step for shareholders to take action and join a collective legal effort aimed at recovering losses and seeking justice.

Next Steps for Shareholders

Shareholders who wish to join this legal effort should not hesitate. The registration must occur before the deadline, and doing so ensures that they remain informed and involved in the ongoing class action. Investors are reminded that participation carries no fees or obligations, reinforcing the importance of acting quickly to preserve their rights as shareholders.

In summary, the filing of this class action lawsuit highlights the challenges faced by TFI International and the necessity for shareholders to take proactive steps. By forming a collective representation, affected investors can work towards accountability and potential recovery in light of the alleged misleading practices by TFI's management.