Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of TELUS International (Cda) Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's AI Data Solutions and its impact on profitability [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 16, 2023, to August 1, 2024 [3]. - Allegations include that the company’s AI Data Solutions required the cannibalization of higher-margin offerings, leading to declining profitability [3]. - It is claimed that the shift towards AI increased pressure on the company's margins more than previously disclosed, and that positive statements made by the defendants were materially misleading [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by March 31, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that inflated the company's stock [5].
Investors in TELUS International (Cda) Inc. Should Contact The Gross Law Firm Before March 31, 2025 to Discuss Your Rights – TIXT