#USA #New York #Gross Law Firm #TELUS International #TIXT

TELUS International Lawsuit Update: Key Information for Shareholders

As shareholders of TELUS International (Cda) Inc. (NYSE: TIXT), it's crucial to be informed about the latest developments regarding the ongoing class action lawsuit. The Gross Law Firm has issued a reminder that the deadline for shareholders to register as potential lead plaintiffs is fast approaching - March 31, 2025. Here’s what you need to know:

Understanding the Class Period

The class action lawsuit pertains to those who purchased shares of TIXT between February 16, 2023, and August 1, 2024. Allegations have been made against the company, claiming that it made materially false and misleading statements. The complaint emphasizes the following key points:
1. The introduction of AI Data Solutions has significantly hindered the company's higher-margin offerings.
2. There is a direct correlation between Telus International's declining profitability and its push to enhance AI capabilities.
3. The transition to AI has put unexpected pressure on the company's margins, affecting overall performance.
4. As a result, previous statements made by the company regarding its operations and future prospects were misleading and lacked a reasonable foundation.

Next Steps for Shareholders

Shareholders who purchased TIXT shares during the specified period are encouraged to act without delay. By registering for the class-action lawsuit, you will also gain access to a portfolio monitoring tool that provides updates on the lawsuit's status. The Gross Law Firm emphasizes that there is no cost or obligation to participate in this case.

How to Register

Interested shareholders can register through the following link: Register here. It's essential for shareholders to provide their information before the deadline to secure their rights.

Why Choose the Gross Law Firm?

The Gross Law Firm is recognized nationally for its dedication to protecting investors' rights who have faced losses due to deceptive practices and fraud. Their commitment extends to ensuring businesses adhere to ethical practices and operate with good corporate governance. The firm tirelessly works to recover losses for investors that occurred due to misleading information that inflated stock prices.

For any inquiries regarding the lawsuit or to register as a shareholder, please reach out to:

• - Phone: (646) 453-8903
• - Email: [email protected]
• - Office Address: 15 West 38th Street, 12th floor, New York, NY 10018

Stay informed and take action to protect your investments. Every shareholder's participation can contribute to accountability in corporate governance and safeguard your rights as an investor.