Faruqi & Faruqi, LLP Investigates TFI International Investor Claims as Deadline Approaches

Investigation into TFI International Investor Claims

Faruqi & Faruqi, LLP, a prominent national securities law firm, is currently conducting an investigation focused on potential claims made by shareholders of TFI International Inc. With a deadline fast approaching on May 13, 2025, investors who believe they’ve sustained losses exceeding $50,000 in TFI between April 26, 2024, and February 19, 2025, are encouraged to reach out to the firm for more information.

The investigation follows recent disclosures that raised concerns regarding TFI’s business practices and the inherent value of its stock. Allegations state that TFI and its executives issued false and misleading statements that could have significantly impacted investor decisions. Notably, several claims have surfaced:

1. Loss of Small and Medium Business Customers: TFI’s failure to maintain its clientele, particularly among small and medium-sized businesses, has reportedly led to declining revenues.
2. Declining TForce Revenue: This segment's deterioration hints at deeper management issues that were not communicated effectively to investors.
3. Cost Management Difficulties: TFI's management struggled with controlling costs, which is evident from statements made by its CEO during the recent earnings calls.
4. Profitability Concerns: TFI’s efforts to boost profitability in its major business segment proved unsuccessful, as outlined in recent financial results.
5. Erosion of Investor Trust: As a result of these factors, the firm's previous optimistic projections about its operations and future endeavours appear misleading.

On February 20, 2025, TFI disclosed their fourth-quarter results, which fell short of consensus expectations concerning both Earnings Per Share (EPS) and revenue. CEO Alain Bedard’s admission of customer losses during this period was particularly alarming, resulting in TFI's stock plummeting by over 20% in a single day, down $26.13 to settle at $101.48 per share. This marked a significant financial blow for many shareholders, emphasizing the urgent need for legal recourse.

Investors impacted by this decline now have the option to engage in an organized class action lawsuit against TFI International. The company’s shareholders have the right to nominate a lead plaintiff — the individual possessing the largest financial stake in the class action, who can adequately represent the interests of the group. Every member has the opportunity to choose to serve as a lead plaintiff or remain an absent member of the class, and their ability to recover any losses will not be influenced by this decision.

Faruqi & Faruqi, LLP is also seeking any information regarding TFI's integrity from whistleblowers, previous employees, or shareholders to build a robust case. Interested parties can reach out directly to partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310), or visit their website for more details.

Faruqi & Faruqi has a commendable history of success in recovering substantial amounts for investors since its inception in 1995. The firm actively engages in advocating for the rights of shareholders and is committed to pursuing justice in this case against TFI. Interested investors should consider their options carefully and take action before the approaching deadline for claims.

Attorneys at Faruqi & Faruqi note that prior results do not guarantee similar outcomes in future cases, reinforcing the firm’s determination to uphold the integrity of financial markets and protect investor interests. Confidential discussions regarding individual cases are welcomed and encouraged.