Core Viewpoint - TELUS International (Cda) Inc. is facing a securities fraud class action lawsuit, with allegations related to undisclosed impacts of its AI Data Solutions on profitability and margins [1][4]. Group 1: Lawsuit Details - The lawsuit was filed on behalf of investors who acquired TELUS securities from February 16, 2024, through August 1, 2024, with a deadline of March 31, 2025, for investors to apply as lead plaintiffs [3]. - The complaint alleges that TELUS failed to disclose that its AI Data Solutions required the cannibalization of higher-margin offerings, which contributed to declining profitability [4]. - It is claimed that the shift towards AI has put greater pressure on the company's margins than previously disclosed [4]. Group 2: Legal Representation - Kirby McInerney LLP is the law firm representing the investors in this class action lawsuit, focusing on securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Telus International To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Telus International between February 16, 2023 and August 1, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, F ...

NEW YORK, Feb. 7, 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 ...

Core Viewpoint - Investors in TELUS International (Cda) Inc. have the opportunity to lead a securities fraud class action lawsuit due to undisclosed information regarding the company's AI Data Solutions and its impact on profitability [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that from February 16, 2023, to August 1, 2024, the defendants failed to disclose that the AI Data Solutions offerings required the cannibalization of higher-margin offerings [2]. - It is claimed that the declining profitability of TELUS International was linked to the company's efforts to develop AI capabilities [2]. - The shift towards AI is said to have put greater pressure on the company's margins than previously disclosed [2]. - As a result of these factors, the defendants' positive statements about the company's business and prospects were materially misleading [2]. Group 2: Participation Information - Investors who suffered losses in TELUS International are encouraged to participate in the ongoing securities fraud lawsuit before the lead plaintiff deadline of March 31, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate [3][4].

LOS ANGELES, Feb. 4, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TELUS International (Cda) Inc. ("Telus" or "the Company") (NYSE: TIXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 16, 2023 to August 01, 2024, inclusive (the "Class Pe ...

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of TELUS International (Cda) Inc. securities, alleging that the company misled investors regarding its AI Data Solutions and profitability during the Class Period from February 16, 2023, to August 1, 2024 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that TELUS International failed to disclose that its AI Data Solutions required the cannibalization of higher-margin offerings [5]. - It is alleged that the company's declining profitability was linked to its efforts to develop AI capabilities, which put greater pressure on margins than previously disclosed [5]. - The lawsuit asserts that positive statements made by the defendants about TELUS International's business and prospects were materially misleading [5]. Group 2: Participation Information - Investors who purchased TELUS securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly [3][6]. - A lead plaintiff must move the Court by March 31, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - A class action lawsuit has been filed against TELUS International (Cda) Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Class Definition - The lawsuit seeks to recover damages for all individuals and entities that purchased TELUS securities between February 16, 2023, and August 1, 2024 [2]. Group 2: Case Details - The Complaint alleges that the Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3]. - Specific allegations include: 1. The AI Data Solutions offerings required the cannibalization of higher-margin offerings [3]. 2. Declining profitability was linked to the development of AI capabilities [3]. 3. The shift toward AI increased pressure on margins more than previously disclosed [3]. 4. Positive statements about the Company's business were materially misleading and lacked a reasonable basis [3]. Group 3: Next Steps - Investors who suffered losses in TELUS have until March 31, 2025, to request appointment as lead plaintiff [4].

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE: TIXT) securities between February 16, 2023 and August 1, 2024, inclusive (the “Class Period”). The Complaint alleges that throughout the Class Period, Defendants made ...

ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against TELUS International (Cda) Inc. (“TELUS International” or the “Company”) (NYSE: TIXT). The lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose adverse facts about the Company’s business, operations, and prospects, including allegations that (1) the Company’s AI Data Solutions offerings required the cannibalization of its ...

Group 1: Earnings Performance - Telus International reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, but down from $0.21 per share a year ago, representing an earnings surprise of 150% [1] - The company posted revenues of $658 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.22%, although this is a decrease from year-ago revenues of $663 million [2] - Over the last four quarters, Telus International has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2: Stock Performance and Outlook - Telus International shares have declined approximately 53.7% since the beginning of the year, contrasting with the S&P 500's gain of 25.2% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at $0.04 on revenues of $677.03 million, and $0.43 on revenues of $2.63 billion for the current fiscal year [7] - The Zacks Rank for Telus International is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Technology Services industry, to which Telus International belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]