Investors in TFI International Inc. Have Chance to Lead Securities Fraud Lawsuit

Legal Opportunity for TFI International Investors

Investors who experienced financial losses related to TFI International Inc. (NYSE: TFII) may soon have the chance to take action as they are invited to lead a class action lawsuit alleging securities fraud. According to a press release from Glancy Prongay & Murray LLP, the law firm representing the investors, this opportunity is crucial for those who wish to hold the company accountable for what they claim are misleading practices.

Understanding the Allegations

The allegations arise from events that reportedly took place between April 26, 2024, and February 19, 2025. During this period, the lawsuit contends that TFI International failed to disclose key information to its investors. Specifically, it is alleged that:
1. The company was losing clients from small and medium-sized businesses.
2. This loss was contributing to a decline in revenue from TFI's TForce segment.
3. TFI was struggling to manage its operational costs effectively.
4. As a result of these issues, the profitability of TFI’s largest division was diminishing.
5. The positive statements made by company representatives regarding TFI's business prospects were therefore misleading and lacked reasonable basis.

How to Participate

If you are one of the investors who suffered losses during the relevant timeframe, the law firm offers guidance on how to join the lawsuit. Interested parties should contact them by May 13, 2025, which is the deadline for leading plaintiff applications.

Reach Out for More Information
Anyone wishing to learn more about the lawsuit or participate can reach out to Charles Linehan, Esq. at Glancy Prongay & Murray LLP via email or telephone. You should provide your mailing address, phone number, and the number of shares you purchased, as this information will facilitate the process.

If you do not wish to join the lawsuit actively, you may still be a part of the class action without any immediate requirement to take action. It's essential to be aware of your rights during these proceedings.

Conclusion

This development offers TFI International investors a pivotal opportunity to seek justice for financial losses they may have incurred due to alleged deceptive practices by company management. The coming months will be critical as potential plaintiffs consider their options moving forward. This case exemplifies the importance of transparency in financial reporting and serves as a reminder to investors to remain vigilant about the companies in which they invest.