Important Information for TELUS International Securities Purchasers: Deadline Approaching for Lead Plaintiff Selection
New York, NY – Rosen Law Firm, a global investor rights law firm, reminds investors that they have until March 31, 2025, to apply to be the lead plaintiff in a securities class action lawsuit against TELUS International (Cda) Inc. (TIXT). The lawsuit alleges that TELUS International and certain of its top executives made false and misleading statements and failed to disclose material information to the investing public.
What Happened?
According to the complaint, during the Class Period, TELUS International made false and/or misleading statements and/or failed to disclose: (1) that the Company was experiencing operational challenges in certain business segments; (2) that the Company was experiencing higher than anticipated employee turnover rates; and (3) that, as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.
Who is Eligible?
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 through a contingency fee arrangement. The Purchasers are represented by Rosen Law Firm.
What Does This Mean for Me?
If you purchased TELUS International securities during the Class Period, you may have lost money as a result of the Company’s misrepresentations. The lead plaintiff is usually the largest holder of a company’s common stock with an economic interest. While being the lead plaintiff does not carry an obligation or cost responsibility, it does allow the lead plaintiff to direct the litigation and make important decisions that may impact the outcome of the case. If you wish to serve as lead plaintiff, you must meet certain legal requirements and be intending to hold a significant portion of your investment in TELUS International securities.
What Does This Mean for the World?
This case highlights the importance of accurate and transparent disclosures by publicly traded companies. Misrepresentations and omissions can have significant consequences for investors, potentially resulting in substantial financial losses. The securities markets rely on the honesty and integrity of companies and their executives to provide accurate financial information. Inaccurate or misleading information can lead to market volatility and undermine investor confidence.
Contact Information
Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and other complex litigation. If you wish to serve as lead plaintiff, please contact Phillip Kim, Esq. or Deena Manzagol, Esq. of Rosen Law Firm at 212-686-1060 or via email at [email protected] or [email protected]. You may also visit the firm’s website at
Conclusion
The deadline to apply to be the lead plaintiff in the TELUS International securities class action lawsuit is March 31, 2025. If you purchased TELUS International securities during the Class Period, you may be entitled to compensation. The lead plaintiff is an essential component of the securities litigation process, and if selected, you will help direct the litigation and make important decisions that may impact the outcome of the case. If you wish to serve as lead plaintiff, please contact Rosen Law Firm as soon as possible.
- If you purchased TELUS International securities during the Class Period, you may be entitled to compensation.
- The deadline to apply for lead plaintiff status is March 31, 2025.
- The lead plaintiff is responsible for directing the litigation and making important decisions.
- Contact Rosen Law Firm to learn more about the process and eligibility requirements.
