Investors Warned About TFI International Inc. Class Action Lawsuit from Robbins LLP

Investor Alert: TFI International Inc. Class Action Lawsuit

In a significant move for investors, Robbins LLP has issued a formal notification regarding a new class action lawsuit involving TFI International Inc. (NYSE: TFII). This legal action is centered around allegations that the company misled its shareholders about its financial health and business operations.

The lawsuit primarily affects individuals and entities who purchased or acquired securities of TFI International between April 25, 2024, and February 19, 2025. TFI International is well-regarded as a transportation and logistics powerhouse that operates extensively in both the United States and Canada.

Allegations against TFI International Inc.

According to the complaint filed by Robbins LLP, several serious allegations have been leveled against TFI. The core of these accusations is that the company failed to disclose critical information to its investors. Key points include:

1. Customer Losses: The lawsuit alleges that TFI has been systematically losing small and medium-sized business customers, which has had a direct impact on its earnings.

2. Declining Revenue: Linked to the loss of customers, TFI's TForce revenue has reportedly seen a significant decline.

3. Cost Management Issues: The company is accused of struggling to manage its operational costs effectively.

4. Profitability Decline: Due to the previous issues, the profitability of TFI’s largest business segment is allegedly decreasing, sparking concerns over its long-term viability.

On February 19, 2025, TFI disclosed its financial results for the fourth quarter and the full fiscal year of 2024. The announcement revealed a sharp decline in profits, reporting net income figures that were down by approximately 33% year-over-year for the quarter and about 16% for the fiscal year. Following this news, TFI's shares took a significant hit, plummeting by $26.13—or about 20.5%—to settle at $101.48 on February 20, 2025.

What Investors Should Know

For shareholders who believe they may have been impacted by these developments, there is an opportunity to join the class action as a lead plaintiff. Interested parties must file their motions with the court by May 13, 2025. A lead plaintiff represents the interest of all class members and helps guide the litigation process. Importantly, shareholders who choose not to partake in the lawsuit still retain the right to a potential recovery without being actively involved in the case.

Robbins LLP emphasizes that no legal fees or expenses are to be paid by shareholders unless a recovery is achieved, as all representation operates on a contingency fee basis. This means that the law firm only collects fees upon successful resolution of the case.

About Robbins LLP

Robbins LLP has established a reputation as a leading firm in shareholder rights litigation since its inception in 2002. Their primary mission has been to assist shareholders in recovering losses, enhancing governance structures, and holding corporate executives accountable for their actions.

Investors interested in receiving updates related to the class action against TFI International or alerts regarding any corporate wrongdoing are encouraged to sign up for Stock Watch. This service provides timely notices on relevant legal developments in corporate governance.

Conclusion

The unfolding circumstances surrounding TFI International serve as a crucial reminder for investors to remain vigilant and informed about the companies in which they invest. Understanding the implications of such legal actions is vital for safeguarding investments and ensuring accountability in corporate practices.

For more information or to get involved, investors can reach out directly to Robbins LLP via phone at (800) 350-6003 or by visiting their website.

Note: Attorney advertising. Past results do not guarantee a similar outcome.