Levi & Korsinsky Investigates Potential Securities Law Violations at TFI International Inc.
NEW YORK, NY – In a recent development, the law firm Levi & Korsinsky has announced the commencement of an investigation into TFI International Inc. (NYSE: TFII) regarding potential securities laws violations. The investigation comes in the wake of the company’s fourth quarter 2024 financial results, which were released on February 20, 2025.
Financial Results Fall Short of Expectations
The investigation focuses on TFI International’s failure to meet consensus estimates for both earnings per share and revenue in its fourth quarter financial report. The company reported earnings per share of $0.91, missing the consensus estimate of $1.02, and revenue of $1.95 billion, falling short of the consensus estimate of $1.97 billion. The discrepancy between the reported results and analysts’ expectations has raised concerns among investors, leading to a significant drop in the company’s stock price.
Potential Securities Law Violations
Levi & Korsinsky is investigating whether TFI International and certain of its officers or directors violated securities laws by making false and/or misleading statements and/or failing to disclose material information to the investing public. Specifically, the law firm is looking into whether the company and its executives made false and/or misleading statements regarding the company’s business, financial condition, and prospects.
Impact on Individual Investors
If you are a shareholder of TFI International and have suffered a substantial loss, you may be entitled to compensation. You are encouraged to contact Levi & Korsinsky to discuss your rights and potential remedies. The investigation is ongoing, and Levi & Korsinsky will provide updates as more information becomes available.
Global Implications
The investigation into TFI International is not just an isolated incident. It is part of a larger trend of increased scrutiny on corporate reporting and financial disclosures. The Securities and Exchange Commission (SEC) and other regulatory bodies around the world have been ramping up their efforts to crack down on securities law violations, particularly those related to financial reporting and disclosures. This investigation serves as a reminder to all investors to stay informed and vigilant about the companies they invest in.
Conclusion
The investigation into TFI International by Levi & Korsinsky is a significant development for the company and its investors. The potential securities law violations, if proven, could result in substantial damages for shareholders. The investigation also highlights the importance of accurate financial reporting and disclosures, as well as the increasing focus of regulatory bodies on enforcing securities laws. As the investigation continues, investors are encouraged to stay informed and seek professional advice if they have suffered substantial losses.
- TFI International Inc. is under investigation by Levi & Korsinsky for potential securities law violations.
- The investigation comes after the company missed consensus estimates for both earnings per share and revenue in its fourth quarter 2024 financial report.
- The law firm is looking into whether TFI International and certain of its officers or directors made false and/or misleading statements and/or failed to disclose material information to the investing public.
- Individual investors who have suffered substantial losses may be entitled to compensation.
- The investigation is part of a larger trend of increased scrutiny on corporate reporting and financial disclosures.
