Investors Urged to Lead TELUS International Securities Fraud Case

TELUS International Securities Fraud Lawsuit

In a recent development, the Rosen Law Firm has brought attention to TELUS International (Cda) Inc., specifically its recent securities fraud allegations. The firm encourages investors who purchased securities during the defined class period from February 16, 2023, to August 1, 2024, to consider their rights and join the ongoing class action lawsuit.

Quick Overview of the Case

The Rosen Law Firm has set a crucial deadline for potential lead plaintiffs: March 31, 2025. Should you purchased TELUS International securities within the specified time frame, you may be entitled to compensation without the burden of any upfront costs, as the firm operates on a contingency fee basis.

Steps for Interested Investors

To be part of this legal action, potential participants can visit the designated website rosenlegal.com or contact Phillip Kim, Esq. directly via toll-free number at 866-767-3653 or through the firm’s email for detailed information on how to proceed. A formal class action lawsuit has already been filed, and interested parties must act quickly to submit their motions to serve as lead plaintiffs if they wish to take on this role in court.

Why Choose Rosen Law Firm?

The Rosen Law Firm prides itself on having a strong track record in handling such cases. Unlike many other firms, they emphasize the importance of representation by seasoned attorneys who have a proven history in leading litigation. The firm has successfully negotiated some of the most significant settlements in securities class action history, demonstrating their ability to achieve favorable outcomes for their clients. Their accomplishments include the largest-ever securities class action settlement against a Chinese company, and accolades such as being ranked the top firm by ISS Securities Class Action Services in 2017 for the number of cases settled.

Allegations Against TELUS International

The lawsuit asserts that during the class period, TELUS International management failed to disclose vital information that ultimately misled investors about the company’s operations and profitability. Allegations include:
1. The company’s AI Data Solutions significantly impacted its higher-margin offerings.
2. TELUS International's profitability has been adversely affected by its push towards AI.
3. The transition to AI technology has increased operational costs beyond what was previously communicated.
4. False and misleading statements were made about the company’s financial health and future prospects.

As the true position of the company began to surface, the lawsuit claims that the concealed facts led to significant losses for investors who were misled by the positive portrayals provided by TELUS’ representatives.

Join the Class Action

For investors eager to understand their rights and potential compensation, joining this class action poses both an opportunity and a responsibility. Interested individuals are urged to act and secure their chance to be involved.

Further updates will be available through the Rosen Law Firm’s communication channels, including LinkedIn, Twitter, and Facebook. For a personalized approach, potential plaintiffs are encouraged to select legal counsel who can effectively navigate the complexities of securities law and ensure their interests are well represented.

The discussion surrounding this case highlights the ongoing issue of investor rights and the necessity for transparent communication from corporations regarding their financial statuses. With critical deadlines approaching, involved parties are encouraged to plan their next steps promptly.

Conclusion

In conclusion, the opportunity exists for investors of TELUS International (Cda) Inc. to join a class action lawsuit regarding alleged securities fraud. As the March 31, 2025, deadline approaches, interested parties must act swiftly to ensure their participation in seeking justice for the alleged wrongdoings. Rosen Law Firm stands ready to assist affected investors in securing their rights and potential compensation.