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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in TFI International Inc. of Class Action Lawsuit and Upcoming Deadlines - TFII

1. A class action lawsuit has been filed against TFI International. 2. The lawsuit claims securities fraud by TFI and its executives. 3. TFI's fourth quarter earnings showed a 33% decline in net income. 4. The stock price dropped by 20.5% following the earnings announcement. 5. Investors can join the lawsuit as plaintiffs until May 13, 2025.

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FAQ

Why Very Bearish?

The class action lawsuit, alongside significant earnings declines, creates investor uncertainty, leading to stock price drops. Historical cases show similar lawsuits led to prolonged negative pressure on stocks.

How important is it?

The ongoing class action lawsuit and the financial results will significantly affect TFII investor confidence and stock performance. Such events typically have high repercussions in the market.

Why Short Term?

The immediate impact from the lawsuit and earnings decline will affect TFII's stock in the near term. The timeframe until the class action details unfurl can create volatility.

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Class Action Lawsuit Filed Against TFI International Inc.

NEW YORK, March 18, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against TFI International Inc. ("TFI" or the "Company") (NYSE: TFII). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether TFI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until May 13, 2025 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired TFI securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

Click here for information about joining the class action

On February 20, 2025, TFI issued a press release announcing its fourth quarter and full year 2024 financial results, reporting quarterly net income of $88.1 million (representing a year-over-year decline of nearly 33%) and fiscal 2024 net income of $422.5 million (a year-over-year decline of approximately 16%).

On this news, TFI's stock price fell $26.13 per share, or 20.5%, to close at $101.48 per share on February 20, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE: Pomerantz LLP

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