
Core Viewpoint - A class action lawsuit has been filed against TELUS International (Cda) Inc. for alleged violations of securities laws, specifically related to misleading statements about the company's AI development and its impact on profitability [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that TELUS made false and misleading statements regarding its AI Data Solutions, which required the cannibalization of higher-margin offerings [4]. - The class period for the lawsuit is defined as from February 16, 2023, to August 01, 2024, during which investors are encouraged to participate if they suffered losses [2]. - The Schall Law Firm is representing investors and has not yet certified the class, meaning potential participants are not currently represented by an attorney [3]. Group 2: Financial Impact - The complaint asserts that TELUS's shift towards AI development has negatively impacted its profitability and margins, leading to significant damages for investors once the truth was revealed [4].