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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2025 in TELUS International Lawsuit - TIXT

1. Class action lawsuit alleges TIXT made materially misleading statements. 2. Claims include AI strategy cannibalizing higher-margin offerings and lowered profitability. 3. Shareholders from Feb 16, 2023 to Aug 1, 2024 urged to register as potential lead plaintiffs.

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Why Bearish?

The lawsuit could negatively affect investor sentiment and TIXT’s short-term price outlook. Similar cases in tech and other sectors have led to stock declines following litigation news.

How important is it?

The allegations could trigger significant investor concern and trading volatility, affecting TIXT’s stock price similar to past legal challenges in the market.

Why Short Term?

Litigation news typically impacts stock prices in the near term, with possible volatility until the legal outcome is clarified.

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TIXT
NEW YORK, Feb. 20, 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=130534&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=130534&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 Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [email protected]Phone: (646) 453-8903 SOURCE The Gross Law Firm

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