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Shareholders that lost money on TELUS International (Cda) Inc.(TIXT) should contact Levi & Korsinsky about pending Class Action - TIXT

1. Class action lawsuit initiated against TELUS International over alleged securities fraud. 2. Complaint cites misstatements on AI Data Solutions and cannibalization of higher-margin offerings. 3. Allegations link AI strategy to declining profitability and increased margin pressures. 4. Case covers losses from Feb 2023 to Aug 2024; investors may seek recovery.

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Why Bearish?

The lawsuit raises concerns about transparency and profitability. Similar cases have historically led to short-term selloffs as investors reassess risk and management credibility.

How important is it?

The allegations touch on key business strategies and margin pressures, potentially affecting investor confidence. The case's progress and outcome could materially alter market perception of TIXT's financial health.

Why Short Term?

Legal proceedings typically cause near-term volatility until a resolution or settlement occurs. Historical securities litigation often impacts stock price in the months following the announcement.

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NEW YORK, Feb. 21, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in TELUS International (Cda) Inc. ("TELUS International" or the "Company") (NYSE: TIXT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of TELUS International investors who were adversely affected by alleged securities fraud between February 16, 2023 and August 1, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/telus-international-lawsuit-submission-form?prid=130865&wire=4 TIXT investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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. WHAT'S NEXT? If you suffered a loss in TELUS International during the relevant time frame, you have until March 31, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004[email protected] Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com SOURCE Levi & Korsinsky, LLP

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