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

Pomerantz Law Firm Files Class Action Against TFI International

In a significant development for investors, Pomerantz LLP has initiated a class action lawsuit against TFI International Inc. (NYSE: TFII), highlighting potential securities fraud and unlawful business practices by the company and some of its executives. This lawsuit is particularly relevant for those investors who sustained losses due to alleged wrongful actions taken by TFI, and it puts a spotlight on the upcoming deadlines for affected stakeholders.

Details of the Class Action

The firm is urging individuals who purchased or acquired TFI securities during the designated Class Period to consider joining the lawsuit. Those interested in becoming Lead Plaintiffs have until May 13, 2025, to make their intentions clear to the court. Investors can contact Pomerantz by reaching out to Danielle Peyton via email or telephone for more information, and they are encouraged to include their contact details and the number of shares they purchased.

Financial Performance Under Scrutiny

The background of this lawsuit stems from a press release issued by TFI on February 20, 2025, where the company disclosed its fourth-quarter and annual earnings for 2024. The report revealed a concerning net income of $88.1 million for the last quarter, a staggering decline of nearly 33% compared to the previous year. Furthermore, TFI reported a total annual net income of $422.5 million, signifying a year-over-year drop of approximately 16%. This disturbing financial disclosure resulted in a sharp decline in TFI’s stock price, which plummeted by $26.13 per share, or 20.5%, closing at $101.48 per share on the same day.

About Pomerantz LLP

Pomerantz LLP is recognized as a leading law firm specializing in corporate and securities class action litigations. With a legacy dating back over 85 years, the firm was established by Abraham L. Pomerantz, known as a pioneer in the domain of securities class actions. The firm's commitment to advocating for victims of securities fraud, fiduciary breaches, and corporate malfeasance remains strong as it continues to fight for justice and recover significant damages on behalf of its clients.

As investigations continue, stakeholders in TFI International should be vigilant and consider the implications of this legal action on their investments. For more detailed information regarding the class action and to obtain a copy of the complaint, interested parties can visit the Pomerantz Law Firm's website at www.pomerantzlaw.com.

Conclusion

The launch of this class action filing serves as a critical reminder of the potential risks associated with investing in securities, especially when financial disclosures indicate a downturn. As the case progresses, shareholders of TFI International are encouraged to assess their options and stay informed about the legal proceedings that could potentially impact their investments.

For questions or to express interest in becoming involved in the class action, reach out to Pomerantz LLP at the contact information provided above.