Workflow
TOP RANKED ROSEN LAW FIRM Encourages TELUS International (Cda) Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TIXT
TOPTOP Financial (TOP) GlobeNewswire News Room·2025-03-09 18:30

Core Viewpoint - Rosen Law Firm is reminding investors who purchased TELUS International securities between February 16, 2023, and August 1, 2024, of the March 31, 2025, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased TELUS International securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is March 31, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Case Allegations - The lawsuit alleges that TELUS International failed to disclose that its AI Data Solutions offerings cannibalized higher-margin products, leading to declining profitability [5]. - It is claimed that the shift towards AI increased pressure on the company's margins more than previously disclosed, resulting in misleading positive statements about the company's business and prospects [5].