#United States #New York #Gross Law Firm #securities lawsuit #TFI International

TFI International Inc. Legal News

In recent developments, TFI International Inc. (NYSE: TFII) is facing a securities lawsuit, raising considerable concern among its shareholders. The Gross Law Firm has officially reached out to shareholders who purchased TFII stocks during the specified class period from April 26, 2024, to February 19, 2025. This communication serves to inform them of their potential rights and next steps concerning the allegations of misleading statements made by the company.

Allegations Against TFI International

The complaint against TFI alleges multiple violations that began during the aforementioned class period. Shareholders are encouraged to be diligent, as it is claimed that TFI International's management failed to publicly disclose critical information regarding the company’s business performance. Alleged misstatements include:

• - A significant loss of small and medium business customers.
• - A resultant decline in revenue from TFI’s TForce division.
• - Challenges in managing operational costs effectively.
• - A downturn in profitability for the largest segment of the business.
• - Overall misleading statements that did not accurately reflect the company's operational status and future prospects.

These claims highlight a disconnect between TFI International's public announcement of growth and the reality of its operations, suggesting a pattern of negligence or intentional misinformation.

Next Steps for Shareholders

For those who have purchased shares during the specified timeframe, immediate action is recommended. The Gross Law Firm advises shareholders to register for participation in class action litigation as soon as possible. Registration can be completed through their dedicated portal, ensuring that investors receive updates and insights into the ongoing legal proceedings.

The deadline to register as a lead plaintiff is set for May 13, 2025. It's crucial for shareholders to know that participating in this case incurs no cost or obligation. Further, registering may provide an opportunity to recover losses triggered by the alleged wrongful actions of TFI’s executives.

Why Engage with The Gross Law Firm?

The Gross Law Firm has established itself as a national leader in class action lawsuits, especially those pertaining to shareholder rights. Their mission focuses on safeguarding investors who face losses due to corporate misrepresentation and unethical business practices. The firm prides itself on its commitment to responsible corporate citizenship and ensuring that all investors have a voice in corporate accountability.

This legal news emphasizes the importance of vigilance among investors. Given the allegations made against TFI International, the situation serves as a reminder of the dynamic and sometimes volatile nature of stock investments. Investors are encouraged to act swiftly to protect their interests and to liaise with experienced legal advocates who can guide them through the complexities of securities law.

For more information or to register, shareholders can reach out to The Gross Law Firm through their website or at their New York office. As the landscape of corporate governance continues to evolve, staying informed and proactive is key to safeguarding investor rights.