Investors Alert: Lead Opportunity in TELUS International Securities Fraud Case

Lead Opportunity for Investors in TELUS International Class Action

The Rosen Law Firm, a globally recognized firm dedicated to protecting the rights of investors, has issued a reminder to individuals who purchased securities from TELUS International (Cda) Inc. (NYSE: TIXT). If you acquired these securities during the period from February 16, 2023, to August 1, 2024, you may have the chance to participate in a class action lawsuit against the company before the deadline of March 31, 2025.

Why Join the Class Action?

If you are among those who bought securities from TELUS International during the specified timeframe, you may qualify to receive compensation without incurring out-of-pocket expenses, as the firm operates on a contingency fee basis. This means that investors can pursue justice and potential financial recovery without upfront costs.

Steps to Take

To become part of the TELUS International class action, you can visit Rosen Law Firm's official page. Alternatively, you can contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] for further information. It is crucial to act promptly, as the cut-off date for filing is drawing near.

The lawsuit has already been initiated, and to play the role of lead plaintiff—representing other affected investors in the case—you must submit your request to the Court no later than March 31, 2025. The lead plaintiff serves a vital function in guiding the litigation process for all class members.

Background on the Case

The allegations in this class action lawsuit stem from the company's purported failure to disclose key information to investors. The specific claims include accusations that TELUS International nefariously masked critical issues regarding its AI Data Solutions offerings, which allegedly cannibalized higher-margin revenue streams. Furthermore, the firm is being criticized for not fully informing investors that its declining profitability was closely linked to its aggressive efforts to develop AI capabilities.

The ongoing strategic shift towards artificial intelligence purportedly put unprecedented pressure on the company’s profit margins—issues that had not been transparently communicated to shareholders. Consequently, the lawsuit claims that optimistic statements made by the company about its business operations were fundamentally misleading and lacked a sound basis. As the actual circumstances became exposed to the public, the lawsuit asserts that investors incurred significant financial losses.

Why Choose the Rosen Law Firm?

The Rosen Law Firm is renowned for its commitment to investor rights, having successfully represented clients worldwide, particularly in securities class actions and shareholder derivative lawsuits. The firm boasts a distinguished track record, including the largest-ever securities class action settlement against a Chinese company at one time. With accolades from multiple industry watchdogs, the firm has consistently ranked among the top law firms for securities class action settlements over the years, demonstrating an ability to recover substantial amounts for investors.

Since 2013, the firm has maintained a prominent position in this legal niche, securing hundreds of millions in settlements for clients. As a testament to its caliber, founding partner Laurence Rosen was honored as a Titan of Plaintiffs’ Bar by Law360 in 2020—a recognition that highlights the firm’s significant impact in advocating for investor rights.

Important Information for Investors

It’s important to note that no class has been certified at this stage. Therefore, until confirmed by the court, investors are not legally represented unless they retain counsel. You have the option to choose your legal representation or remain an absent class member and take no further action at this time. However, participating in the class action could be essential for any future potential recovery.

Stay updated on this and other developments by following the Rosen Law Firm on LinkedIn, Twitter, and Facebook. For any inquiries or further information about the case and how to participate, please do not hesitate to reach out.

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