Shareholders that lost money on TELUS International (Cda) Inc. (TIXT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

Core Viewpoint - TELUS International is facing a class action securities lawsuit due to alleged securities fraud that impacted investors between February 16, 2023, and August 1, 2024 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that TELUS International made false statements regarding its AI Data Solutions, which required the cannibalization of higher-margin offerings [2]. - It is alleged that the company's declining profitability was linked to its focus on developing AI capabilities, which exerted greater pressure on margins than previously disclosed [2]. - Positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].