ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) — A securities class action lawsuit has been filed against TELUS International (Cda) Inc. (“TELUS International” or the “Company”) (NYSE: TIXT). The lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose adverse facts about the Company’s business, operations, and prospects, including allegations that (1) the Company’s AI Data Solutions offerings required the cannibalization of its higher-margin offerings; (2) TELUS International’s declining profitability was tied to the Company’s drive to develop AI capabilities; (3) TELUS International’s shift toward AI put greater pressure on the Company’s margins than previously disclosed; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you bought shares of TELUS International between February 16, 2023 and August 1, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/tellus-international/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is March 31, 2025.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
- One Woman’s Memoir Enables Readers To Embark On A Nostalgic Journey Through The Heartland Of the US in the 1950s, 60s, and 70s - May 15, 2025
- Neurofibromatosis Type 1 Market Set to Witness Significant Growth During the Study Period (2020–2034) Driven by Advances in Treatment | DelveInsight - May 15, 2025
- Global Intraocular Lens Market to Witness Upsurge in Growth at a CAGR of ~5% by 2032 | DelveInsight - May 15, 2025
