#United States #New York #Gross Law Firm #TELUS International #TIXT

Legal Notice for TELUS International Shareholders

The Gross Law Firm recently communicated an important update for shareholders of TELUS International (Cda) Inc., listed under the stock symbol TIXT. With the approaching deadline of March 31, 2025, potential lead plaintiffs are urged to take prompt action.

Understanding the Class Action

Shareholders who acquired stock in TIXT between February 16, 2023, and August 1, 2024, are encouraged to connect with the Gross Law Firm, as the firm is seeking individuals interested in becoming lead plaintiffs. This role is not strictly necessary for shareholders who wish to participate in any financial recoveries from the lawsuit.

Allegations Against TELUS International

The lawsuit contains several serious allegations against TELUS International, claiming that the management engaged in misleading behaviors. The accusations highlight that during the specified period:

1. The company's new AI Data Solutions offerings necessitated a reduction in profitability from its previous, more lucrative offerings.
2. There’s an assertion that declining profitability was directly linked to TELUS’s shift towards artificial intelligence capabilities.
3. The transition towards AI was believed to have increased financial pressures on the company's profit margins, further complicating the financial landscape.
4. Positive claims made by the company regarding its business performance and forecasts were asserted to lack a solid foundation.

Importance of Timely Registration

The deadline for shareholders to declare their interest in leading this class action lawsuit is March 31, 2025. It’s advised to not procrastinate, as missing the registration means losing the opportunity to voice concerns or claim any recoveries that may arise from the suit. Interested shareholders can enroll by submitting their information via the Gross Law Firm's official channels.

Next Steps for Investors

By registering as a shareholder, individuals will be incorporated into a dedicated portfolio tracking system, which will deliver updates about the ongoing legal processes and any developments in the case. This monitoring service is provided at no extra cost, ensuring investors stay informed on the progress.

The Role of the Gross Law Firm

The Gross Law Firm is recognized across the nation for its excellence in class action securities litigation, focusing on upholding the rights of shareholders facing deceitful practices. Their commitment is to ensure that companies maintain ethical practices and accountability for any misleading information that could affect investor decisions.

For those interested in asserting their rights, contact details are provided below:

• - Address: Gross Law Firm, 15 West 38th Street, 12th floor, New York, NY, 10018
• - Phone: (646) 453-8903
• - Email: [Legal contact email]

Conclusion

The revelations surrounding TELUS International’s performance amidst its AI transition have raised significant concerns among investors. As the deadline approaches, it’s crucial for shareholders to stay proactive, ensuring that their voices are heard in the legal proceedings that aim to seek accountability and potential financial restitution.