1. Class action lawsuit filed against TFI International over misleading statements. 2. Allegations include loss of small business customers and declining revenue. 3. Profitability issues highlighted for TFI's largest business segment. 4. Shareholders can register until May 13, 2025, for potential recovery. 5. Gross Law Firm emphasizes protecting investors' rights.
The lawsuit reveals significant operational issues, which could lead to substantial stock depreciation. Historical cases often see stock declines during prolonged legal disputes or uncovered financial mismanagement.
The article indicates serious allegations that can damage TFII's reputation and financial health, thereby affecting stock prices significantly.
The ramifications of the allegations may continue to affect investor confidence and stock performance for an extended period. Similar past cases have shown prolonged negative impacts on share price due to legal uncertainties.
The Gross Law Firm issues the following notice to shareholders of TFI International Inc. (NYSE: TFII).
Shareholders who purchased shares of TFII during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
April 26, 2024 to February 19, 2025
The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was losing small and medium business customers; (2) as a result, the Company's TForce revenue was declining; (3) TFI was experiencing difficulties managing its costs; (4) as a result of the foregoing, the profitability of its largest business segment was declining; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
May 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tfi-international-inc-loss-submission-form/?id=140406&from=4
Once you register as a shareholder who purchased shares of TFII during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 13, 2025. There is no cost or obligation to you to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
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Email: contact@grosslawfirm.com
Phone: (646) 453-8903
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