Levi & Korsinsky Notifies Shareholders of TELUS International (Cda) Inc. (TIXT) of a Class Action Lawsuit and an Upcoming Deadline

Core Viewpoint - TELUS International is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 16, 2023, and August 1, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that TELUS International made false statements regarding its AI Data Solutions, which required the cannibalization of higher-margin offerings [2]. - It is alleged that the company's declining profitability was linked to its efforts to develop AI capabilities, which put additional pressure on margins [2]. - Positive statements made by the defendants about the company's business and prospects were misleading and lacked a reasonable basis due to the aforementioned issues [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].