Important Information for TELUS International Securities Purchasers: Class Action Lawsuit and Deadline Reminder
New York, NY, March 12, 2025 – The Rosen Law Firm, a globally recognized investor rights law firm, is reminding investors of TELUS International (Cda) Inc. (TIXT) of their potential eligibility to participate in a securities class action lawsuit. The lawsuit alleges that TELUS International and certain of its officers and directors violated the Securities Exchange Act of 1934 between February 16, 2023, and August 1, 2024. The deadline for lead plaintiff eligibility is fast approaching, with a deadline of March 31, 2025.
What is a Class Action Lawsuit?
A class action lawsuit is a type of legal proceeding where a large group of people or entities come together to bring a claim against a common defendant. In this case, investors who purchased TELUS International securities during the Class Period may be able to join the lawsuit and potentially recover their losses without the need for individual lawsuits or significant out-of-pocket costs.
Why is TELUS International under Investigation?
The allegations against TELUS International and its executives include misrepresentations and omissions related to the company’s business, financial condition, and prospects. The complaint, filed in the United States District Court for the Southern District of New York, alleges that these misstatements artificially inflated the price of TELUS International’s securities during the Class Period.
What Should I Do if I Purchased TELUS International Securities During the Class Period?
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 Rosen Law Firm encourages you to contact them before the lead plaintiff deadline to discuss your potential recovery options. You can contact the firm by calling (212) 686-1061 or emailing [email protected] for more information.
How Will This Affect Me?
If the class action lawsuit is successful, investors who purchased TELUS International securities during the Class Period may be able to recover their losses. The exact amount of compensation will depend on the outcome of the lawsuit and the size of the class. Even if you are unable to serve as a lead plaintiff, you may still be able to participate in the class and potentially recover damages.
How Will This Affect the World?
The outcome of this class action lawsuit could have significant implications for the business community and investors. If successful, it could serve as a reminder to corporations to be transparent and accurate in their reporting to shareholders. It could also provide a financial windfall to affected investors and potentially impact the broader market.
- Transparency and accuracy in corporate reporting
- Potential financial compensation for affected investors
- Impact on the broader market
Conclusion
If you purchased TELUS International securities between February 16, 2023, and August 1, 2024, you may be entitled to compensation without payment of any out-of-pocket fees or costs. The lead plaintiff deadline is fast approaching, with a deadline of March 31, 2025. Contact the Rosen Law Firm at (212) 686-1061 or [email protected] to discuss your potential recovery options.
The outcome of this class action lawsuit could have far-reaching implications for the business community and investors alike. Stay informed and protect your investments by staying up-to-date on the latest developments in this case.
The Rosen Law Firm is committed to fighting for the rights of investors and ensuring that corporations are held accountable for their actions. If you have any questions or concerns, do not hesitate to contact the firm for a confidential consultation.
