Important Notice for TFI International Inc. Shareholders
New York, April 3, 2025 – The Gross Law Firm announces that a class action lawsuit has been filed against TFI International Inc. (NYSE: TFII) on behalf of shareholders who purchased TFII securities between January 1, 2023, and December 31, 2024 (the “Class Period”).
Details of the Lawsuit
The complaint alleges that TFI International and certain of its executives violated the Securities Exchange Act of 1934 by making false and misleading statements and failing to disclose material information to the investing public. Specifically, the complaint alleges that the defendants made false and misleading statements regarding the Company’s business, operational and financial metrics, and its ability to meet its financial guidance.
Impact on Shareholders
If you are a TFII shareholder and purchased TFII securities during the Class Period, you may be entitled to participate as a lead plaintiff in this action. The lead plaintiff will be a representative party acting on behalf of other class members in directing the litigation. An appointment as lead plaintiff may provide the opportunity to participate in decision-making related to significant legal issues, including the selection of counsel, the strategy for prosecuting the action, and potential settlements. You may retain the Gross Law Firm at no cost to you to discuss your shareholder rights. If you wish to be contacted by the Firm, please click here to provide your contact information or call 212-504-5453.
Global Implications
The implications of this lawsuit extend beyond the TFII shareholders. The allegations made in the complaint, if proven true, could have significant consequences for the global logistics industry, which TFI International is a major player. The lawsuit could lead to increased scrutiny of other companies in the industry and potentially trigger a wave of litigation against them. It could also impact investor confidence in the sector, leading to a downturn in stock prices and a slowdown in investment activity.
Conclusion
The filing of this class action lawsuit against TFI International is a significant development for the logistics industry and for TFII shareholders. The allegations made in the complaint, if proven true, could have far-reaching consequences for the industry and the markets. Shareholders who purchased TFII securities during the Class Period are encouraged to contact the Gross Law Firm to discuss their potential legal rights.
- TFI International Inc. (NYSE: TFII) is facing a class action lawsuit alleging securities fraud
- The complaint alleges that TFI International and certain executives made false and misleading statements during the Class Period
- Shareholders who purchased TFII securities during the Class Period are encouraged to contact the Gross Law Firm regarding possible lead plaintiff appointment
- The implications of the lawsuit extend beyond TFII shareholders and could impact the global logistics industry and investor confidence in the sector
