Shareholders of TELUS International (Cda) Inc. Should Contact The Gross Law Firm Before March 31, 2025 to Discuss Your Rights - TIXT

1. TIXT faces a class action over potentially misleading AI-related statements. 2. The allegations involve declining profitability due to AI strategy shifts. 3. Shareholders are urged to register as lead plaintiffs by March 31, 2025. 4. Complaints highlight cannibalization of higher-margin offerings affecting margins. 5. Investors may seek recovery for losses from misleading information.

Legal

80

4m saved

Insight

Article

FAQ

Why Very Bearish?

Recent class action lawsuits have historically negatively affected stock prices, leading to investor skepticism. Companies facing similar lawsuits often see a drop in share value until legal outcomes are resolved.

How important is it?

The article highlights serious allegations that could impact TIXT's profitability and market perception significantly. A legal challenge can deter potential investors and affect TIXT's stock trajectory.

Why Short Term?

The class action notice could lead to immediate sell-offs as investors react to legal uncertainty. Examples include TIXT's past stock performance when news of legal challenges emerged.

Related Companies

GOOGL AAPL MSFT

NEW YORK, March 10, 2025

/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of TELUS International (Cda) Inc. (NYSE: TIXT).

Shareholders who purchased shares of TIXT 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.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/telus-international-loss-submission-form/?id=134594&from=4

CLASS PERIOD:

February 16, 2023 to August 1, 2024

ALLEGATIONS:

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's AI Data Solutions offerings required the cannibalization of its higher-margin offerings; (2) Telus International's declining profitability was tied to the Company's drive to develop AI capabilities; (3) Telus International's shift toward AI put greater pressure on the Company's margins than previously disclosed; and (4) 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.

DEADLINE:

March 31, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/telus-international-loss-submission-form/?id=134594&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of TIXT 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 March 31, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

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.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE

The Gross Law Firm