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]. Group 1: Allegations - The complaint alleges that during the class period from February 16, 2023, to August 1, 2024, TELUS International made materially false and misleading statements [3]. - Specific 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 toward AI placed greater pressure on the company's margins than previously disclosed, resulting in misleading positive statements about the company's business and prospects [3]. Group 2: Class Action Details - Shareholders who purchased shares of TIXT during the specified class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action is March 31, 2025, and there is no cost or obligation to participate [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4].
The Gross Law Firm Notifies TELUS International (Cda) Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – TIXT