Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against TFI International Inc.
On April 3, 2025, Bronstein, Gewirtz & Grossman, LLC, a prominent law firm, took the initiative to notify investors about a class action lawsuit that has been filed against TFI International Inc. (TFI or the Company) and select officers. The lawsuit alleges that the Company and its officers violated the federal securities laws during the period from April 26, 2024, to February 19, 2025.
Class Definition and Period
The lawsuit aims to recover damages on behalf of all persons and entities that purchased or otherwise acquired TFI securities during the aforementioned Class Period. The Class Period refers to the time frame between April 26, 2024, and February 19, 2025.
Allegations and Violations
The complaint alleges that TFI and its officers made materially false and misleading statements regarding the Company’s business, operations, and financial condition. Specifically, the lawsuit claims that the defendants failed to disclose material information about various issues, including:
- The Company’s financial performance and prospects
- The impact of regulatory investigations
- The Company’s relationship with certain business partners
As a result of these alleged false statements and omissions, TFI securities traded at artificially inflated prices during the Class Period, causing investors harm.
Impact on Individual Investors
If you purchased or otherwise acquired TFI securities during the Class Period, you may be eligible to participate in the class action lawsuit. It is essential to consult with a securities attorney to discuss your legal rights and options.
Global Consequences
The consequences of this lawsuit extend beyond individual investors. The allegations against TFI could potentially impact the Company’s reputation, relationships with business partners, and regulatory standing. Moreover, the lawsuit may serve as a reminder to other publicly traded companies to ensure transparency and accuracy in their financial reporting and disclosures.
Conclusion
The filing of a class action lawsuit against TFI International Inc. and certain officers for alleged securities law violations during the Class Period has significant implications for individual investors and the broader financial market. It is crucial for investors to stay informed and seek professional advice to protect their interests. As the legal proceedings unfold, it will be essential to monitor developments closely and assess their potential impact on the Company and the securities industry as a whole.
For more information about the lawsuit or to discuss your potential eligibility to participate, please contact Bronstein, Gewirtz & Grossman, LLC at (212) 697-6484 or [email protected].