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Important Notice to TELUS International Shareholders

In a recent announcement, The Gross Law Firm is reaching out to investors of TELUS International (Cda) Inc. (NYSE: TIXT), highlighting the opportunity for shareholders who suffered financial losses to take action. The firm encourages these shareholders to consider joining a class action lawsuit due to allegations of misleading business practices by the company.

Key Details of the Class Action

The class action lawsuit pertains to transactions made between February 16, 2023, and August 1, 2024. Investors who purchased shares during this period are invited to reach out to the law firm regarding the potential for lead plaintiff appointments. Importantly, it’s noted that participation as a lead plaintiff is not a requirement for recovery in this case.

Allegations Against TELUS International

The lawsuit stems from significant allegations against the company. Concerns have been raised that during the specified class period, the company's executives not only issued material misstatements but also failed to disclose crucial information regarding their operations. The allegations include:

1. AI Data Solutions Cannibalization: It is claimed that TELUS's push towards AI Data Solutions necessitated the reduction of its more profitable, higher-margin offerings, harming overall profitability.

2. Impact on Profitability: Reports suggest that the shift in focus towards artificial intelligence was tightly linked to the company's decreasing profit margins.

3. Omitted Disclosures: The degree of pressure on the company's margins due to its AI endeavors was not fully disclosed, leading to potentially misleading reassurances about the company’s financial health and prospects.

Given these issues, shareholders should act quickly as the deadline to register for the class action is March 31, 2025. Delaying registration might lead to missed opportunities for recovery.

Next Steps for Interested Shareholders

Prospective participants are invited to register online. Once registered, shareholders will receive updates regarding the case and will be integrated into a portfolio monitoring system that helps track the progress of the lawsuit.

Here’s how to register: Register Online Here.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to defending investors' rights, particularly in cases of fraud and deceit. The firm aims to hold companies accountable and ensure that investors can recover losses attributable to misleading practices. With a track record of taking on complex class actions, they are dedicated to fighting for shareholders.

Conclusion

For shareholders of TELUS International, this class action could represent a vital opportunity to recuperate losses. The allegations at hand point to serious discrepancies between what was reported and the actual state of business operations. By participating in the lawsuit, investors will not only stand a chance of receiving compensation but will also contribute to enforcing responsible corporate governance.

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For individual queries, please contact:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@securitiesclasslaw.com
Phone: (646) 453-8903

Take action now and ensure your voice is heard in this significant legal undertaking.