TFI International (TFII) Prnewswire·2025-04-04 09:45Core Viewpoint - A class action securities lawsuit has been filed against TFI International Inc. alleging securities fraud that negatively impacted investors between April 26, 2024, and February 19, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that TFI International Inc. lost small and medium business customers, leading to a decline in TForce revenue [2]. - It is alleged that TFI was facing challenges in managing its costs, which contributed to a decrease in profitability in its largest business segment [2]. - The defendants are accused of making misleading positive statements regarding the Company's business operations and prospects, which lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until May 13, 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, LLP 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].