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TFI International Inc.: A Class Action Recap for Shareholders

Recently, a significant class action lawsuit has been initiated for the benefit of shareholders of TFI International Inc. (NYSE: TFII). This legal action is particularly relevant for individuals and entities who purchased or gained ownership of TFI’s securities between April 25, 2024, and February 19, 2025. As a pivotal player in the logistics and transportation sector in North America, TFI International’s recent business practices have come under scrutiny due to serious allegations that could impact its stock and reputation.

Understanding the Allegations Against TFI International

According to the complaint filed by Robbins LLP, TFI International has been accused of misleading its investors regarding the company's business health and operational prospects. Several troubling points were raised:
1.
Client Losses: The plaintiff claims that TFI was losing small and medium-sized business clients without adequate disclosure to its shareholders.
2.
Revenue Declines: These client losses have reportedly led to a significant dip in TFI's revenue, particularly from its TForce division.
3.
Cost Management Issues: The company experienced difficulties in managing its costs, further complicating its financial situation.
4.
Profitability Woes: As a result of these challenges, the profitability of TFI’s principal business segment suffered, endangering shareholder investments.

The situation has escalated following the release of TFI’s financial results for the fourth quarter and the year 2024. On February 19, 2025, the company announced a quarterly net income of $88.1 million, which represents a nearly 33% decline year-over-year, alongside a fiscal year net income of $422.5 million, down by approximately 16% from the previous year. Following this announcement, the stock price experienced a plummet of $26.13 per share, translating to a 20.5% drop, closing at $101.48 on February 20, 2025—resulting in significant losses for many investors.

What This Means for Shareholders

Stockholders now face a critical opportunity to take action. If you invested in TFI International stock during the designated period, you may be eligible to participate in this class action lawsuit against the company. Shareholders interested in taking a more active role can submit their papers to serve as lead plaintiff by May 13, 2025. This representative role is vital as it directs the litigation on behalf of other class members.

It’s important to note that opting to not participate in the case does not eliminate your eligibility in the recovery process should there be a favorable outcome. All legal representation through Robbins LLP operates on a contingency fee basis, meaning shareholders will incur no upfront costs or fees.

About Robbins LLP

Founded in 2002, Robbins LLP has established itself as a leader in litigation focused on shareholder rights. The firm's mission is to support shareholders in recovering their losses while promoting accountability within corporate governance structures. Whether through direct recovery of funds or rectifying governance failures, Robbins LLP is dedicated to ensuring that corporate executives are held accountable for misconduct.

For those wishing to stay updated on the progression of the case against TFI International or to report any corporate misconduct, signing up for Stock Watch today is an invaluable resource.

In conclusion, the revelations pertaining to TFI International Inc. are serious and merit attentiveness. The unfolding class action lawsuit serves as a pivotal moment for stockholders to advocate for their rights. Be proactive and informed to navigate these challenging times effectively.