Major Class Action Lawsuit Launched Against TFI International Inc. (TFII) for Alleged Securities Fraud
On April 4, 2025, Levi & Korsinsky, LLP officially informed investors about a class action lawsuit concerning TFI International Inc. (commonly referred to as TFII) due to alleged securities fraud. The company has been listed on the New York Stock Exchange under the ticker TFII. This legal action seeks to recover losses incurred by investors who were negatively impacted during the stipulated period, which spans from April 26, 2024, to February 19, 2025.
The lawsuit claims that TFI International's management misled investors by making false statements and concealing significant issues affecting the company's financial health. According to the allegations, the company reportedly lost a substantial number of small and medium business clients, leading to a decline in revenue from its TForce service. Furthermore, the lawsuit states that TFI faced challenges in managing operational costs, ultimately resulting in diminished profitability for its largest segment.
The claims assert that the defendants’ optimistic projections regarding the company's operations and future outlook were not only misleading but also lacked a solid factual basis. This misrepresentation has led to financial losses for many investors, prompting the filing of the class action.
Investors who believe they were adversely affected by TFI International during the specified timeframe should note that the deadline to apply for lead plaintiff status is on May 13, 2025. Interested parties need to submit their requests before this date to participate in the lawsuit. It’s essential to understand that participating in this class action does not require one to take on the additional responsibility of being the lead plaintiff.
For those who qualify as class members, participating in the lawsuit won’t involve any upfront costs or fees. It is designed to be accessible; individuals can seek compensation without having to incur any out-of-pocket expenses. This aspect makes the class action appealing for investors who may have suffered significant losses due to the alleged fraudulent actions of TFI International's management.
Levi & Korsinsky, based in New York, has built a strong reputation in representing aggrieved investors in complex securities litigation over the past two decades. With a track record of securing hundreds of millions of dollars for shareholders, the firm possesses a deep understanding of the securities landscape, significantly enhancing its clients' chances in high-stakes legal battles. The firm is recognized among the leading securities litigation firms in the United States as evidenced by its consistent ranking in ISS Securities Class Action Services' Top 50 Report.
Investors wishing to learn more about the lawsuit or who have specific queries about their circumstances can reach out directly to Levi & Korsinsky. Individuals can contact Joseph E. Levi, Esq. via email or phone. For those looking for additional details or to initiate involvement in the legal action, various resources are available, including a submission link to express interest in the class action.
In conclusion, this class action represents a significant opportunity for TFI International investors affected during the identified period to reclaim some of their losses. As the deadline approaches, interested individuals should act promptly to ensure their voices are heard and their rights protected.
Details of the Lawsuit
The lawsuit claims that TFI International's management misled investors by making false statements and concealing significant issues affecting the company's financial health. According to the allegations, the company reportedly lost a substantial number of small and medium business clients, leading to a decline in revenue from its TForce service. Furthermore, the lawsuit states that TFI faced challenges in managing operational costs, ultimately resulting in diminished profitability for its largest segment.
The claims assert that the defendants’ optimistic projections regarding the company's operations and future outlook were not only misleading but also lacked a solid factual basis. This misrepresentation has led to financial losses for many investors, prompting the filing of the class action.
Important Deadlines
Investors who believe they were adversely affected by TFI International during the specified timeframe should note that the deadline to apply for lead plaintiff status is on May 13, 2025. Interested parties need to submit their requests before this date to participate in the lawsuit. It’s essential to understand that participating in this class action does not require one to take on the additional responsibility of being the lead plaintiff.
No Financial Risk for Participants
For those who qualify as class members, participating in the lawsuit won’t involve any upfront costs or fees. It is designed to be accessible; individuals can seek compensation without having to incur any out-of-pocket expenses. This aspect makes the class action appealing for investors who may have suffered significant losses due to the alleged fraudulent actions of TFI International's management.
The Expertise of Levi & Korsinsky
Levi & Korsinsky, based in New York, has built a strong reputation in representing aggrieved investors in complex securities litigation over the past two decades. With a track record of securing hundreds of millions of dollars for shareholders, the firm possesses a deep understanding of the securities landscape, significantly enhancing its clients' chances in high-stakes legal battles. The firm is recognized among the leading securities litigation firms in the United States as evidenced by its consistent ranking in ISS Securities Class Action Services' Top 50 Report.
Contact Information
Investors wishing to learn more about the lawsuit or who have specific queries about their circumstances can reach out directly to Levi & Korsinsky. Individuals can contact Joseph E. Levi, Esq. via email or phone. For those looking for additional details or to initiate involvement in the legal action, various resources are available, including a submission link to express interest in the class action.
In conclusion, this class action represents a significant opportunity for TFI International investors affected during the identified period to reclaim some of their losses. As the deadline approaches, interested individuals should act promptly to ensure their voices are heard and their rights protected.
Topics Financial Services & Investing）
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