#United States #New York #Class Action #Pomerantz Law #TFI International

Investor Alert: Join Class Action Against TFI International Inc.

The Pomerantz Law Firm has announced a significant legal development for investors of TFI International Inc. (NYSE: TFII). A class action lawsuit has been filed regarding potential financial misconduct by the company and its officers. Investors who have suffered financial losses may have a legal right to seek reparations.

Background on the Lawsuit

The lawsuit centers on allegations that TFI International Inc. violated securities laws, potentially misleading its investors about the company’s financial health and business practices. Specifically, investors are keen to understand whether TFI and its executive team have engaged in practices that could be classified as securities fraud. This legal action comes after a stark revelation of TFI’s financial performance for the fourth quarter of the fiscal year 2024.

On February 20, 2025, TFI reported a quarterly net income of $88.1 million, marking a worrying decline of nearly 33% compared to the previous year. This dismal performance was further echoed in the overall fiscal report for 2024, where the company recorded a net income of $422.5 million, reflecting a year-over-year drop of approximately 16%. In response to this unfavorable news, TFI's stock plummeted by $26.13 per share, resulting in a staggering 20.5% decrease, closing at $101.48 on the same day.

What Investors Should Do

As per the announcement, investors have until May 13, 2025, to file for lead plaintiff status in this class action. Eligible participants are those who purchased or acquired TFI securities during the stipulated class period. Interested investors are encouraged to reach out to Danielle Peyton at Pomerantz LLP by using the provided contact details. When contacting, individuals should include their mailing address, phone number, and the number of shares purchased to facilitate the process.

To obtain additional details about the complaint, investors can visit www.pomerantzlaw.com for comprehensive information. The firm is known for its dedication to protecting the rights of shareholders who have been victims of securities fraud and corporate malfeasance.

About Pomerantz Law Firm

With a remarkable legacy spanning over 85 years, Pomerantz has established itself as a leader in corporate and securities class litigation. Founded by the esteemed Abraham L. Pomerantz, the firm has a history of securing multi-million dollar settlements for its clients engaged in class actions. Their expertise focuses on addressing breaches of fiduciary duty as well as holding corporations accountable for misconduct.

As the situation unfolds, TFI investors are advised to stay informed and proactive about their legal rights. The timing to join the action against TFI is critical, and engagement with legal counsel may provide a pathway to recover losses endured during this turbulent period. As public trust in corporate transparency continues to wane, such actions are vital to uphold shareholder rights.

For additional inquiries related to the legal proceedings, investors are encouraged to utilize the resources available from Pomerantz LLP, ensuring they are fully equipped to navigate this legal landscape effectively.

Conclusion

In summary, TFI International Inc. investors facing losses should seek legal advice and consider joining this class action suit. Prompt action may be necessary as the deadline approaches, and being part of such legal developments could offer a potential resolution to their financial grievances.