Investors Get Chance to Lead Class Action Against TFI International Securities Fraud

TFI International Inc. Securities Fraud Lawsuit

Investors who purchased shares of TFI International Inc. (NYSE: TFII) between April 26, 2024, and February 19, 2025, are being urged by the Rosen Law Firm to join a class action lawsuit regarding alleged securities fraud.

Invitation to Investors

Rosen Law Firm, an esteemed global law firm focusing on investor rights, is calling out to potential class action members to become lead plaintiffs in this legal battle. Those affected by the purported securities fraud have a deadline of May 13, 2025, to step forward and indicate their willingness to lead the case.

As a lead plaintiff, you would represent the interests of the broader investor community in court, thus playing a significant role in directing the litigation. The firm highlights that investors should be discerning when choosing legal representation, pointing out that many practices may lack the resources and experience that Rosen Law Firm brings to the table.

Why Join the Class Action?

The basis of the class action centers around allegations that TFI International made misleading statements and failed to disclose crucial information which ultimately impacted the value of their securities. Specifically, the lawsuit alleges that:

1. TFI was seeing a decline in small and medium business customers.
2. As a consequence, TFI’s TForce Freight revenue was suffering.
3. The company faced challenges managing its costs appropriately.
4. All these issues led to a diminished profitability in their largest business segment.
5. The optimistic public statements made by the company were misleading and did not reflect the reality of their business circumstances.

These alleged discrepancies became apparent to investors when the underlying issues finally came to light, resulting in financial losses for those who held TFI securities.

Important Details

For those interested in joining the class action lawsuit, it’s as simple as filling out a form at Rosen Law Firm’s website or reaching out via phone or email for more information.

It is vital to note that until the court officially certifies the class, investors are not represented unless they retain counsel independently. This means an investor can opt to act as a member of the class without taking further action at this time. However, participating actively can enhance the chance of a favorable outcome.

The Rosen Law Firm is known for its extensive experience in securities class actions and has successfully recovered substantial amounts for investors over the years. Their track record includes a significant securities class action settlement against a Chinese company and consistent top rankings in the field.

Moving Forward

Investors are encouraged to act promptly, as the deadline for becoming a lead plaintiff is rapidly approaching. With the stakes being high, those who have invested in TFI International during the specified period should not miss the opportunity to seek justice and potential compensation for losses. For continuous updates, you can follow the firm on LinkedIn, Twitter, and Facebook.

In conclusion, this lawsuit marks an important moment for TFI International investors, presenting an avenue to seek restitution for alleged securities fraud while holding the company accountable for its actions.