Important Information for TELUS International (TIXT) Investors: Rosen Law Firm Reminds of Upcoming Deadline
On March 15, 2025, Rosen Law Firm, a leading global investor rights law firm, issued a reminder to purchasers of TELUS International (TIXT) securities between February 16, 2023, and August 1, 2024 (the “Class Period”), about the importance of the upcoming March 31, 2025 lead plaintiff deadline in the securities class action lawsuit. The lawsuit alleges that TELUS International and certain of its top executives made false and misleading statements and/or failed to disclose material information to the investing public.
Background on the Class Action Lawsuit
The complaint, filed in the United States District Court for the Southern District of New York, alleges that the defendants made false and/or misleading statements and/or failed to disclose that:
- TIXT was experiencing weak demand for its services, which was negatively impacting its revenue growth;
- TIXT’s financial results were being negatively impacted by increased competition and pricing pressure;
- TIXT’s financial results were being negatively impacted by increased operating expenses;
- TIXT was experiencing issues with customer retention and was losing customers;
- TIXT’s financial statements did not accurately reflect the company’s financial condition.
Impact on Individual Investors
If you purchased TELUS International securities during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is an important date for investors, as it is the last chance to join the class action as a lead plaintiff. If you wish to serve as lead plaintiff, you must meet certain eligibility requirements and file a motion with the court no later than March 31, 2025.
Impact on the World
The allegations in the TELUS International class action lawsuit highlight the importance of transparency and accuracy in financial reporting. Misrepresentations and omissions in financial statements can have far-reaching consequences, including damage to a company’s reputation, loss of investor confidence, and potential regulatory action. This case serves as a reminder to all publicly traded companies to ensure that they are providing accurate and complete information to investors.
Conclusion
If you purchased TELUS International securities during the Class Period and believe that you may be entitled to compensation, you should contact Rosen Law Firm as soon as possible. The firm is dedicated to ensuring that investors receive the compensation they deserve. The lead plaintiff deadline is March 31, 2025, so time is of the essence. For more information, please visit
The allegations in the TELUS International class action lawsuit serve as a reminder to all investors to be vigilant when it comes to their investments. Companies must provide accurate and complete information to investors, and investors must be diligent in their research and analysis. By working together, we can help ensure a fair and transparent financial market for all.
