TELUS International
TIXT
ATLANTA, GA – – (Globe Newswire – January 31, 2025) – – 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.
Registration Deadline
Lead Plaintiff Deadline Has Passed
March 31, 2025