
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].