TFI International Investors Alert: Class Action Notice
TFI International Inc. (NYSE: TFII) is currently facing class action allegations that may impact its investors significantly. This lawsuit, initiated by
Levi & Korsinsky, LLP, aims to address the grievances of stockholders who suffered in the wake of alleged securities fraud occurring between
April 26, 2024, and
February 19, 2025.
What Happened?
The allegations emerging from this class action claim that TFI International was involved in misleading practices that concealed critical financial challenges. According to the filed complaint, it has been suggested that during the stated period, the company did not disclose ongoing issues such as:
1. A decline in business from small and medium-sized customers.
2. A subsequent decrease in its TForce revenue stream.
3. Significant difficulty in cost management.
4. Declining profitability in its largest business segment, which is critical for overall performance.
5. Misleading positive statements regarding the company's operational health and future prospects.
These assertions led to a premature positive outlook on the company’s stock, ultimately resulting in substantial financial losses for investors.
Know Your Rights
If you endured losses related to TFI International’s stock during the specified timeframe, it’s essential to understand your rights as a shareholder. You have until
May 13, 2025, to decide whether you want to be designated as the lead plaintiff in this class action. However, participation in any recovery does not necessitate this role.
Investors are encouraged to come forward and may receive compensation without incurring any out-of-pocket expenses. Joining this class action presents a no-cost opportunity to potentially recover financial losses related to the alleged fraud.
Why Levi & Korsinsky?
For over two decades,
Levi & Korsinsky has established a remarkable track record in representing aggrieved shareholders in complex securities litigation. Their commitment and expertise have secured hundreds of millions of dollars in settlements and recoveries. For the past seven consecutive years, they have been consistently highlighted by ISS Securities Class Action Services as one of the top 50 securities litigation firms across the United States.
The dedicated team at Levi & Korsinsky, comprising over 70 professionals, is well-equipped to navigate the intricacies of these lawsuits, ensuring that the rights and claims of shareholders are treated with the utmost priority.
Take Action
As an investor looking to recoup losses from TFI International Inc., you can reach out directly to the law firm for guidance. Interested parties may contact
Joseph E. Levi, Esq. through email at
email protected] or via telephone at (212) 363-7500. Additional information and a submission form for the lawsuit can be accessed through [this link.
In summary, if you are among those affected by TFI International’s alleged shortcomings, it is crucial to examine your options before the deadline. March forward with confidence and ensure your voice as a shareholder is heard and acknowledged through this forthcoming legal process.