#United States #Securities Fraud #Bensalem #Howard G. Smith #TFI International

TFI International Inc. Investors: Take Action Against Fraud

In an important update for investors in TFI International Inc. (NYSE: TFII), the Law Offices of Howard G. Smith has announced a significant opportunity for those who have suffered losses to step forward and lead a class action lawsuit for securities fraud.

This legal action comes following allegations that the company misled its investors about its financial health and business operations. Specifically, from April 26, 2024, to February 19, 2025, key disclosures about the company’s struggles were allegedly not made available to stakeholders.

Details of the Allegations

The complaint asserts several damning points of concern:
1. Loss of Small and Medium Business Customers: Investors claim that TFI did not adequately disclose the declining customer base in this segment, which is critical to the company's revenue.
2. Declining TForce Revenue: Due to the loss of customers, TFI's TForce revenue faced severe negative impacts that were not communicated to investors in a timely and open manner.
3. Cost Management Issues: The lawsuit also highlights that TFI was struggling to manage its operational costs effectively, a factor that is paramount for maintaining profitability.
4. Misleading Statements: Despite these challenges, the company continued to issue positive statements regarding its business prospects, leaving investors with a false sense of security about their investments.
5. Impact on Profitability: The core of the allegations concerns how these undisclosed issues directly affected the profitability of the company’s largest business segment. Consequently, the positive outlook presented to investors lacked a reasonable basis.

How Investors Can Get Involved

For investors who have experienced losses and are interested in participating in this class action, it is imperative to act swiftly. The deadline for becoming a lead plaintiff is May 13, 2025. Interested parties are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights.

You can reach out via email at email protected], or by phone at (215) 638-4847. More information can be found on their website at [howardsmithlaw.com.

Rights and Legal Considerations

Becoming involved in this class action does not require immediate action; investors may choose to either retain their counsel or remain absent from the proceeding without any obligation. This announcement serves to inform potential class members of their rights under the current conditions surrounding TFI International Inc.

Conclusion

As a key player in the trucking and logistics industry, TFI International Inc.'s miscommunication and potential fraudulent actions could have lasting effects on its investors. Those who have lost money during the affected period must consider their options carefully. With the ongoing investigation and the opportunity to join a class action, it’s a critical time for impacted shareholders to make their voices heard in court.

For more detailed inquiries or assistance regarding your involvement, it's encouraged to seek legal counsel specialized in securities fraud and class actions. This is a crucial step in ensuring that TFI International Inc. is held accountable for their actions, and that investor rights are upheld to the fullest extent.