Pomerantz Law Firm Warns TFI International Inc. Investors of Class Action Suit and Key Dates

Investor Alert: Pomerantz LLP and TFI International Inc.

In a significant legal development for investors of TFI International Inc. (NYSE: TFII), Pomerantz LLP has initiated a class action lawsuit against the company. This lawsuit stems from substantive allegations that TFI and its upper management may have engaged in securities fraud or unlawful business practices, potentially jeopardizing the interests of shareholders.

The Basics of the Class Action

Investors who have incurred losses due to their investments in TFI International Inc. are urged to consider joining this class action. The firm has highlighted a critical deadline—those looking to position themselves as Lead Plaintiff must do so by May 13, 2025. As part of the process, affected parties should reach out to Danielle Peyton at Pomerantz through the provided contact information and should ensure they include their mailing address, phone number, and the number of shares they purchased.

Financial Context

The backdrop against which these allegations arise is particularly striking. Just earlier this year, on February 20, 2025, TFI released its fourth quarter and full year financial results for 2024. The report indicated a disheartening quarterly net income of $88.1 million, reflecting a nearly 33% decline year over year, and a fiscal 2024 net income of $422.5 million, down approximately 16% from the previous year. Following this announcement, TFI's stock saw a steep decline, plummeting by $26.13 per share, which is a staggering 20.5%, to close at $101.48 on the same day.

Pomerantz LLP: A Leader in Class Action Litigation

Pomerantz LLP, recognized as one of the foremost law firms in the sphere of corporate and securities class litigation, has garnered respect for its historical commitment to defending the rights of investors. Established over 85 years ago by Abraham L. Pomerantz, the firm has played a pivotal role in shaping class action litigation, particularly in the realm of securities fraud. Their track record includes recovering substantial damages for numerous class members, reinforcing their reputation and efficacy in this field.

Their commitment to advocacy for victims of corporate misconduct remains resolute, making them a prominent choice for investors experiencing losses related to securities fraud such as that alleged against TFI International Inc.

Conclusion

As the class action lawsuit unfolds, impacted investors are reminded of the deadlines and encouraged to engage with Pomerantz LLP to explore their legal options. This development serves as a crucial reminder of the risks involved in Securities Market investments, emphasizing the vital role of legal representation for individuals dealing with the ramifications of potential corporate malpractice. Those interested in learning more about the allegations or obtaining a copy of the Complaint can find resources available on Pomerantz's official website.

For those who suspect they may have been affected, taking action promptly can help secure their rights and potentially recover their losses as the case progresses.