Important Notice for TELUS International (TIXT) Shareholders
New York, NY – The Gross Law Firm, a leading national securities fraud law firm, issues this notice to inform shareholders of TELUS International (TIXT) that a class action lawsuit has been filed against the company. The lawsuit alleges securities fraud against TELUS International and certain of its top executives.
Class Period and Eligibility
The class period for this lawsuit is from February 18, 2021, to March 25, 2025. Shareholders who purchased TIXT shares during this period are encouraged to contact The Gross Law Firm regarding their potential role as a lead plaintiff in this action.
Allegations of Securities Fraud
The complaint alleges that TELUS International and its executives made false and misleading statements regarding the company’s financial condition and business prospects. Specifically, the complaint alleges that the defendants failed to disclose material information about the company’s revenue growth, customer base, and financial condition, among other things.
Lead Plaintiff Appointment
The Gross Law Firm is seeking to appoint a lead plaintiff to represent the interests of all affected shareholders. The lead plaintiff will be a large institutional investor or a small group of individual investors who hold a significant number of shares in TELUS International and wish to pursue the litigation as the primary representative of the class. The deadline for lead plaintiff appointment is May 31, 2025.
Impact on Individual Shareholders
If you purchased TIXT shares during the class period and suffered financial losses as a result, you may be entitled to compensation. The Gross Law Firm encourages you to contact the firm to discuss your potential recovery options. You may be able to recover your losses through a securities class action lawsuit.
Impact on the World
The securities fraud allegations against TELUS International could have far-reaching implications for the technology industry and the investment community as a whole. If the allegations are proven true, it could lead to increased scrutiny of other tech companies and their financial reporting practices. It could also lead to increased regulation and oversight of the tech industry, particularly in the areas of revenue recognition and financial reporting.
Conclusion
If you are a TELUS International shareholder who purchased shares during the class period, it is important that you take action now. Contact The Gross Law Firm to discuss your potential role as a lead plaintiff in this securities class action lawsuit. The deadline for lead plaintiff appointment is May 31, 2025. Together, we can hold TELUS International and its executives accountable for their alleged securities fraud and seek to recover your losses.
- Class Period: February 18, 2021, to March 25, 2025
- Eligible Shareholders: Those who purchased TIXT shares during the class period
- Allegations: Securities fraud against TELUS International and certain executives
- Lead Plaintiff Appointment: May 31, 2025
- Potential Recovery: Compensation for financial losses
- Implications: Increased scrutiny and regulation of the tech industry
