TFI International Investors Urged to Join Class Action Against Securities Fraud

TFI International Investors Seek Justice in Securities Fraud Class Action

In a significant legal development, TFI International Inc. investors have been reminded of an essential class action lawsuit led by the Schall Law Firm. The lawsuit concerns allegations of securities fraud against the company and serves as a crucial opportunity for shareholders to seek justice.

Investors who acquired TFI's shares between April 26, 2024, and February 19, 2025, can participate in this case. The Schall Law Firm emphasizes that these shareholders must act before May 13, 2025, to preserve their rights. This lawsuit revolves around TFI’s purported violations of the Securities Exchange Act of 1934, specifically sections 10(b) and 20(a), along with Rule 10b-5 promulgated by the U.S. Securities and Exchange Commission.

Concerns have been raised regarding the integrity of the company's public statements during the class period. The complaint alleges that TFI International made false and misleading declarations, particularly about its financial health and business operations. Most notably, it has been reported that the company faced challenges retaining small and medium-sized business customers, a critical revenue source. The company’s TForce revenue was said to be on a downturn, raising red flags about TFI's ability to manage costs effectively at a time when economic realizations intensified.

These adverse factors are said to have negatively impacted TFI’s most substantial revenue segment, leading to significant misrepresentations about the company's commercial strength. According to the complaint, when the reality became evident to market participants, investors experienced substantial financial losses.

Investors are encouraged to contact Brian Schall of the Schall Law Firm, based in Los Angeles, for further details. They can explore their rights free of charge concerning this class action lawsuit. For those interested, the firm can be reached at 310-301-3335, through their website at www.schallfirm.com, or via email.

It's important to note that the class has not yet been certified. Until such certification is achieved, affected shareholders are not deemed represented by an attorney, so prompt action is vital. Shareholders who choose to remain passive will become absent class members regardless of the lawsuit's outcome.

As it stands, the Schall Law Firm specializes in advocating for investors globally, adept in securities class action lawsuits and rights protection. The firm aims to ensure that investors can recover their losses and regain control over their investments in TFI International Inc.

In summary, TFI International shareholders have a limited window to join the class action suit against the company due to alleged securities fraud. The Schall Law Firm is poised to assist as these investors navigate their options to seek justice. Time is of the essence, with the clear call for action resonating throughout the legal landscape as shareholders look for accountability amidst troubling allegations against the company.