StockNews.AI
TFII
StockNews.AI
134 days

The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of TFI International Inc.(TFII) Shareholders

1. TFI International faces allegations of misleading statements from April 2024 to February 2025. 2. Company reportedly lost small and medium business customers affecting revenue and profitability. 3. Class action lawsuit allows affected shareholders to seek recovery by May 13, 2025. 4. Investors claim TFI's positive outlook was based on misleading information. 5. Gross Law Firm aims to recover losses for affected investors.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The lawsuit suggests material issues in TFI's operations, potentially driving stock prices down. Historical examples show significant stock declines when companies face similar allegations, as seen with companies like Enron.

How important is it?

The relevance and implications of the lawsuit could significantly influence investor sentiment and TFI's stock performance, especially given the clear allegations affecting financial stability.

Why Short Term?

The upcoming deadline for the class action may lead to immediate market reactions. Investors often react quickly to legal troubles that could influence earnings forecasts.

Related Companies

NEW YORK, April 7, 2025

/PRNewswire/ -- 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.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/tfi-international-inc-loss-submission-form/?id=140989&from=4

CLASS PERIOD:

April 26, 2024 to February 19, 2025

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 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.

DEADLINE:

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=140989&from=4

NEXT STEPS FOR SHAREHOLDERS:

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.

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

Related News