Workflow
TFII Investors Have Opportunity to Lead TFI International Inc. Securities Fraud Lawsuit
TFIITFI International (TFII) Prnewswire·2025-03-20 00:35

Core Viewpoint - A class action lawsuit has been filed against TFI International Inc. for alleged misleading statements and failure to disclose critical business issues during the Class Period from April 26, 2024, to February 19, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that TFI International made false and/or misleading statements regarding its business operations, including losing small and medium business customers and declining revenue in its TForce Freight segment [5]. - It is alleged that TFI was experiencing difficulties in managing costs, leading to a decline in profitability for its largest business segment [5]. - The lawsuit asserts that the positive statements made by TFI's management lacked a reasonable basis and were materially misleading [5]. Group 2: Participation Information - Shareholders who purchased TFI International securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must file a motion with the court by May 13, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The 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]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing shareholder interests [4].