Important Notice for TFI International Inc. Shareholders: Potential Class Action Lawsuit
New York, NY, March 20, 2025
The Gross Law Firm, a leading national shareholder rights law firm, notifies investors of a potential securities class action against TFI International Inc. (TFII). This notice is directed to those who purchased or otherwise acquired TFII securities during the period between February 1, 2023, and December 31, 2024.
Background
TFI International Inc. is a leading North American transportation company, providing various logistics and transportation services. The company operates in three segments: North American Transportation, Europe, and Global Solutions.
Class Action Allegations
The Gross Law Firm alleges that TFI International Inc. and certain of its officers and directors may have violated federal securities laws by making materially false and misleading statements regarding the company’s business, operations, and financial condition. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that:
- The company was experiencing operational and logistical issues that negatively impacted its financial performance;
- The company’s financial results were not as strong as represented;
- The company’s financial statements contained material misstatements and omissions;
- Defendants failed to disclose the true extent of these issues to investors.
Effect on Shareholders
If you purchased or otherwise acquired TFII securities during the class period, you may be entitled to recover your losses. The Gross Law Firm encourages shareholders to contact the firm as soon as possible to discuss their legal rights and potential eligibility to serve as a lead plaintiff. The lead plaintiff is a court-appointed representative who acts on behalf of the class in the lawsuit. The lead plaintiff’s role includes approving the retention and payment of counsel, participating in important decisions, and sharing in any recovery.
Effect on the World
The potential class action against TFI International Inc. is significant for several reasons. First, it highlights the importance of transparency and accuracy in corporate reporting. Second, it underscores the need for investors to remain vigilant and informed about the companies they invest in. Lastly, it emphasizes the role of shareholder rights law firms in ensuring that investors are adequately compensated for any losses they may have suffered due to corporate misconduct.
Conclusion
The Gross Law Firm’s notice to TFI International Inc. shareholders is an important development for investors in the transportation industry and beyond. It serves as a reminder of the importance of transparency and accuracy in corporate reporting and the need for investors to remain informed about the companies they invest in. Shareholders who believe they may be eligible to participate in this potential class action are encouraged to contact The Gross Law Firm as soon as possible to discuss their legal rights and potential eligibility to serve as a lead plaintiff.
The Gross Law Firm represents investors worldwide, concentrating its practice in securities class actions. The firm is committed to ensuring that companies adhere to responsible business practices and fully disclose all material information to investors. For more information about The Gross Law Firm or this potential class action, please contact the firm at [email protected], toll-free at 855-393-4526, or visit the firm’s website at www.grosslawfirm.com.
This notice is not a solicitation or an offer to purchase securities, nor is it legal advice. Shareholders should consult their investment professional for advice concerning their individual situation.
