#United States #Class Action #Los Angeles #Securities Fraud #TFI International

Overview of the TFI International Inc. Securities Fraud Lawsuit

On April 10, 2025, the Law Offices of Frank R. Cruz revealed that investors who incurred financial losses related to TFI International Inc. (NYSE: TFII) now have a chance to lead a class action lawsuit for securities fraud. This announcement comes in light of mounting concerns regarding the company's performance and the potential misrepresentation of facts that have impacted its shareholders.

The Allegations Against TFI International

The lawsuit claims that during the relevant period from April 26, 2024, to February 19, 2025, the defendants failed to convey critical information to their investors. The complaint outlines specific points that were not disclosed, directly impacting investor decisions:

1. Loss of Customers: TFI was reportedly losing clients within the small to medium business sector, a fact that could have significant implications for its revenue and market position.

2. Decline in Revenue: The decline in customer retention led to a drop in revenue generated by the company’s TForce division, affecting overall profitability.

3. Cost Management Issues: The company faced challenges in managing its operational costs, which is vital for maintaining profitability and competitive advantage.

4. Profitability Decline: The combination of customer loss, dwindling revenue, and cost management struggles meant that the profitability of TFI's major business segments was compromised.

5. Misleading Statements: As a result of these issues, the defendants allegedly made positive public statements about TFI's business health and future prospects that were misleading, lacking a reasonable basis in fact.

Taking Action

Investors who suffered losses related to TFI International Inc. are encouraged to consider their options in this matter. Notably, there is a lead plaintiff deadline set for May 13, 2025. Interested investors can reach out to the Law Offices of Frank R. Cruz for more details or to express their intent to participate in the lawsuit.

How to Get Involved

To join the class action or to learn more about the legal process, investors can:

• - Email the firm: Ensure to include your mailing address, telephone number, and details regarding the number of shares purchased.
• - Call: Reach out at 310-914-5007 to discuss the specifics or ask any questions.
• - Visit the website: For ongoing updates and further information, investors can visit Frank Cruz Law.

It is essential to note that investors do not need to take immediate action to be included as members of the class. They have the option to engage legal counsel and still retain their rights as part of the class action without taking any unnecessary steps at this time.

Conclusion

This significant lawsuit symbolizes an opportunity for investors of TFI International Inc. to seek justice for the financial losses incurred due to allegedly misleading corporate practices. The unfolding legal scenario could provide a chance for recovery and a measure of accountability from corporate leadership. Interested parties are encouraged to act promptly given the upcoming deadlines and the importance of preserving their rights as investors in this action.