Important Information for Investors: TELUS International Securities Class Action Lawsuit
New York, NY – Rosen Law Firm, a global investor rights law firm, alerts investors that purchasers of TELUS International (TIXT) securities between February 16, 2023, and August 1, 2024, both dates inclusive (the “Class Period”), may be entitled to compensation through a contingency fee arrangement. The lawsuit alleges that TELUS International and certain of its top executives made false and/or misleading statements and/or failed to disclose material information during the Class Period.
Background
TELUS International is a leading digital business solutions company with a focus on customer experience, digital transformation, and IT solutions. The company provides services such as digital customer experience, technology solutions, and analytics and insights. TELUS International operates in over 20 countries and has a team of over 50,000 employees.
Alleged Securities Law Violations
The complaint alleges that TELUS International and certain of its top executives made false and/or misleading statements and/or failed to disclose material information during the Class Period. Specifically, the complaint alleges that the defendants failed to disclose that the company was experiencing operational challenges and weakened demand for its services, which would negatively impact its financial results.
Impact on Individual Investors
If you purchased TELUS International securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs. The lead plaintiff deadline to file a motion for appointment as lead plaintiff is March 31, 2025. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025. If you wish to join the litigation as a class member, you can do so without retaining an attorney. If you have not yet filed a claim, you may still be able to do so, depending on the rules and deadlines in your jurisdiction.
Impact on the World
The impact of this securities class action lawsuit on the world may depend on the outcome of the case. If the allegations are proven to be true, it could lead to increased scrutiny and regulation of publicly traded companies, particularly those in the technology sector. It could also lead to increased transparency and disclosure requirements for companies, as investors demand more information to make informed decisions. Additionally, it could lead to financial losses for TELUS International and its executives, potentially impacting the company’s reputation and ability to attract and retain customers and employees.
Conclusion
Investors who purchased TELUS International securities during the Class Period and are interested in joining the securities class action lawsuit should contact Rosen Law Firm as soon as possible. The lead plaintiff deadline to file a motion for appointment as lead plaintiff is March 31, 2025. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025. If you wish to join the litigation as a class member, you can do so without retaining an attorney. If you have not yet filed a claim, you may still be able to do so, depending on the rules and deadlines in your jurisdiction. The outcome of this case could have significant implications for investors, TELUS International, and the technology sector as a whole.
- Rosen Law Firm alerts investors to a securities class action lawsuit against TELUS International
- The lawsuit alleges that TELUS International and certain of its top executives made false and/or misleading statements and/or failed to disclose material information during the Class Period
- Individual investors who purchased TELUS International securities during the Class Period may be entitled to compensation without payment of any out-of-pocket fees or costs
- The lead plaintiff deadline to file a motion for appointment as lead plaintiff is March 31, 2025
- The outcome of the case could have significant implications for investors, TELUS International, and the technology sector as a whole
