#USA #Los Angeles #Securities Fraud #TFI International #Frank Cruz

Overview of the TFI International Inc. Securities Fraud Lawsuit

Investors in TFI International Inc. (NYSE: TFII) are currently presented with a significant opportunity to participate in a new class action lawsuit following reported securities fraud. This lawsuit has been brought to light by The Law Offices of Frank R. Cruz, a legal firm based in Los Angeles.

Between April 26, 2024, and February 19, 2025, many TFI investors claimed they were not adequately informed about critical issues affecting the company’s performance. Allegations suggest that TFI International was losing many small and medium business customers, which directly impacted the company's revenue streams. The plaintiffs argue that the company's TForce revenue was experiencing a downturn, which was not communicated to investors until recently.

Key Allegations Against TFI International

The complaint includes several significant points:
1. Loss of Business Customers: TFI failed to disclose the decline in small and medium business customers.
2. Declining Revenue: Due to this loss, the financial performance of TForce, one of TFI’s key revenue segments, was suffering, which was not reflected in the company's communications.
3. Cost Management Issues: TFI was reportedly struggling with managing its costs, leading to further declines in profitability.
4. Misleading Statements: Positive statements from TFI about its operations and future prospects were allegedly misleading, lacking a reasonable basis according to the claimants.

These allegations paint a troubling picture of TFI International’s operations during the specified timeframe, raising concerns about transparency and the ethical obligations of corporate management. As a result, investors who believe they may have been misled have the opportunity to join the class action lawsuit, taking action to recover their losses.

Eligibility for Participation

The firm has urged affected investors to act quickly—those wishing to be involved must check in by May 13, 2025, which is designated as the lead plaintiff deadline. Interested parties can secure their position in the class action by contacting The Law Offices of Frank R. Cruz, who provides guidance to potential plaintiffs about their rights and options.

How to Get Involved

To learn more about this class action opportunity:

• - Contact Information: Interested investors can reach the firm directly via email at info@frankcruzlaw.com or by calling 310-914-5007.
• - Website: Further details are available on their official website www.frankcruzlaw.com.
• - Information Disclosure: Those who are inquiring via email are encouraged to include their contact information and share relevant details about their investment.

Investing entails risks, and when companies fail to be transparent about their financial health and operational challenges, it can leave investors vulnerable to significant losses. The TFI International Inc. case highlights the importance of due diligence and awareness of corporate disclosures. Investors are reminded they can either join the lawsuit or retain counsel of their choosing without needing to take immediate action.

Participating in this class action lawsuit could be a pivotal move for those who have suffered losses. By coming together, investors may seek accountability from TFI International and recover some of their invested capital. It’s a critical moment for affected shareholders to harness their rights and stand up against potential corporate misconduct.

Conclusion

The legal landscape surrounding securities fraud continues to evolve, and cases like TFI International Inc. remind us that investors must stay informed and proactive. Those who have experienced losses due to alleged corporate negligence may find that class action suits provide a pathway to restitution. They should consider reaching out to legal experts who specialize in securities fraud to explore their options thoroughly. Investors can take encouragement from the actions of The Law Offices of Frank R. Cruz as they seek to advocate for those impacted by such corporate practices.