Important Information for TELUS International (TIXT) Investors: Deadline Reminder for Securities Class Action Lawsuit
New York, NY, March 6, 2025. Rosen Law Firm, a global investor rights law firm, alerts investors of TELUS International, Inc. (TIXT) who purchased securities between February 16, 2023, and August 1, 2024, inclusive (the “Class Period”), of the important March 31, 2025, lead plaintiff deadline in a securities class action lawsuit. This deadline applies to those who may have purchased or acquired TELUS International securities during the Class Period.
Background on the TELUS International Lawsuit
The complaint alleges that TELUS International and certain of its executive officers made false and misleading statements and failed to disclose material information to the investing public. Specifically, the lawsuit alleges that the defendants failed to disclose that the company was experiencing significant customer churn and revenue declines, and that the company’s financial results were negatively impacted by the termination of a large contract.
Impact on Individual Investors
If you are a TELUS International investor who purchased securities during the Class Period and wish to serve as lead plaintiff of the lawsuit, you must file a motion with the court no later than March 31, 2025. The lead plaintiff will serve as the representative of all other class members in the action. If you do not wish to serve as the lead plaintiff, you may still be a class member.
Impact on the World
The TELUS International lawsuit is significant because it highlights the importance of transparency and accuracy in financial reporting. Companies that fail to disclose material information to investors can face serious consequences, including securities class action lawsuits and damage to their reputations. This case also underscores the need for investors to carefully monitor their investments and be aware of potential red flags, such as significant customer churn or revenue declines.
Conclusion
If you purchased TELUS International securities during the Class Period and believe that you may have a claim, we encourage you to contact Rosen Law Firm as soon as possible to discuss your potential legal options. The securities attorneys at Rosen Law Firm are experienced in prosecuting securities class actions and will help you understand your legal rights and options.
It is important to note that investing in securities always involves risks, and past performance is no guarantee of future results. Rosen Law Firm provides the information in this notice as a service to investors, and it does not constitute legal or financial advice. If you have any questions about this notice or your rights as a TELUS International investor, please contact Rosen Law Firm at (866) 767-3653 or via email at [email protected].
- Rosen Law Firm reminds TELUS International investors of the March 31, 2025, lead plaintiff deadline in a securities class action lawsuit.
- The lawsuit alleges that TELUS International and certain of its executive officers made false and misleading statements and failed to disclose material information.
- Individual investors who purchased TELUS International securities during the Class Period may be eligible to serve as lead plaintiff in the lawsuit.
- The lawsuit highlights the importance of transparency and accuracy in financial reporting.
- Investors are encouraged to contact Rosen Law Firm for more information about their legal rights and options.
