Pending Securities Fraud Class Action for TFI International Inc. Shareholders

TFI International Inc. Shareholders and the Class Action Lawsuit

TFI International Inc. (NYSE: TFII) is currently facing a securities fraud class action lawsuit that has caught the attention of its shareholders. The Gross Law Firm has issued a public notice urging all shareholders who acquired shares during the specified class period—from April 26, 2024, to February 19, 2025—to take action before the May 13, 2025, deadline. The firm seeks to represent these shareholders and is preparing a class action suit.

Allegations of Misleading Statements

The allegations in the lawsuit center around claims that TFI’s management issued materially false or misleading statements concerning the company's business and financial performance. Specifically, shareholders have asserted that:
1. The Company has been losing small and medium business clients.
2. As a consequence, its TForce revenue has been in decline.
3. TFI has encountered difficulties in managing its operational costs.
4. These issues have led to a decrease in profitability in its largest business segment.
5. Consequently, the public statements made by the defendants, which suggested favorable prospects for the company's future, lacked a sound basis.

These claims are crucial for potential class members, as they could impact the valuation of their investments if substantiated.

Reasons for Urgency

The deadline for shareholders to register as part of this class action is drawing close, merely a few months away. Interested parties are encouraged to enlist themselves by submitting their information through the law firm's dedicated webpage. This registration will assist in facilitating their participation in any potential recovery, should the case yield favorable outcomes for the plaintiffs.

Being appointed as a lead plaintiff is not a prerequisite for recovering damages; thus, all shareholders are encouraged to participate regardless of their decision on potential leadership roles within the lawsuit.

Call to Action

The Gross Law Firm, which has a reputation for handling national class action suits, emphasizes its commitment to safeguarding the rights of investors against deceit and fraudulent practices. They work toward ensuring that all companies follow ethical business practices.

If you are a shareholder of TFI International Inc. and have purchased shares during the critical period, it is vital to act swiftly. By registering your information, you will also gain access to a monitoring service that will provide you with updates regarding the case's progression. This ensures that you won't miss any important developments as the lawsuit unfolds.

If you have any questions or wish to discuss your rights as a shareholder, please reach out to The Gross Law Firm at their office located at 15 West 38th Street, 12th Floor, New York, NY 10018, or contact them via phone at (646) 453-8903 or email at [email protected]. With the court deadline approaching, take necessary action now to ensure your interests are properly represented.