Critical Deadline for TELUS International Shareholders
As of March 6, 2025, The Gross Law Firm has issued an important notice for shareholders of TELUS International (Cda) Inc. (NYSE: TIXT). Shareholders who owned shares of TIXT during the specified class period are invited to reach out regarding possible appointments for lead plaintiff in a significant class action lawsuit. Importantly, enrolling as a lead plaintiff is not necessary to seek any recovery associated with the case.
Key Details of the Case
The class action lawsuit involves allegations that could potentially affect the profitability of TELUS International. Specifically, the class period for this case spans from
February 16, 2023, to August 1, 2024. Some pressing allegations against the company include:
- - The assertion that the company’s AI Data Solutions required taking away from its more profitable offerings.
- - Claims indicating that the declining profitability of TELUS International correlates directly with its push to develop AI capabilities.
- - Insights suggesting that the shift towards AI has exerted additional pressure on profit margins, more than the company previously disclosed.
Due to these factors, stakeholders highlight that the positive statements made regarding the company's business operations and future outlook were misleading and lacked a solid basis.
Registration Deadline and Next Steps
The deadline for shareholders to register as lead plaintiffs is
March 31, 2025. Shareholders are encouraged not to wait and can register their information through the provided link. By registering, investors will gain access to a portfolio monitoring software that offers consistent updates throughout the legal proceedings.
Please note: Participating in this class action comes at no cost or obligation to shareholders.
About The Gross Law Firm
The Gross Law Firm has established a reputation as a leading class action law firm on a national scale, dedicated to safeguarding the rights of investors who have faced losses due to misleading actions by corporations. Their commitment lies in ensuring companies operate under responsible practices and contribute positively to the community while pursuing recovery for investors affected by fraudulent behavior.
This legal representation is especially critical as the complexities of corporate balance sheets and business strategies continue to evolve, particularly with the rapid integration of AI technologies in enterprises.
For those affected and who wish to learn more, The Gross Law Firm offers a simple method to register and engage with the development of this case through their online platform.
Contact Information
For more details, shareholders can contact The Gross Law Firm:
- - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
Act swiftly to ensure your rights and potential compensation as a shareholder in the upcoming TELUS International class action.