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Investors who lost money on TFI International Inc. (TFII) should contact Levi & Korsinsky about pending Class Action - TFII
GlobeNewswire News Room· 2025-05-05 17:45
Core Viewpoint - TFI International Inc. is facing a class action securities lawsuit due to alleged securities fraud impacting investors between April 26, 2024, and February 19, 2025 [1][2] Group 1: Allegations of Fraud - The lawsuit claims that TFI International Inc. made false statements and concealed critical information regarding the loss of small and medium business customers [2] - It is alleged that the decline in TForce revenue was a direct result of losing these customers [2] - The company reportedly faced challenges in managing its costs, leading to a decline in profitability for its largest business segment [2] - Positive statements made by the defendants about the company's business operations 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 May 13, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
TFII LAWSUIT ALERT: The Gross Law Firm Notifies TFI International Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-05-01 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of TFI International Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from April 26, 2024, to February 19, 2025 [1] Allegations - The complaint alleges that TFI International Inc. was losing small and medium business customers [1] - As a result of the loss of customers, TFI's TForce revenue was declining [1] - The company was experiencing difficulties in managing its costs [1] - The profitability of TFI's largest business segment was declining due to the aforementioned issues [1] - Defendants' positive statements about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1] Class Action Details - Shareholders who purchased shares of TFI during the specified class period are encouraged to register for the class action [2] - The deadline for shareholders to seek lead plaintiff status is May 13, 2025 [2] - There is no cost or obligation for shareholders to participate in the case [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]
Lost Money on TFI International Inc.(TFII)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-04-29 09:45
Core 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 of Fraud - The lawsuit claims that TFI International Inc. made false statements and concealed critical information, including the loss of small and medium business customers [2]. - It is alleged that the decline in TForce revenue was a direct result of losing these customers [2]. - The company reportedly faced challenges in managing its costs, leading to a decline in profitability in its largest business segment [2]. - Positive statements made by the defendants regarding the company's business operations 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 May 13, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].