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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages TELUS International (Cda) Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TIXT
TUTELUS(TU) GlobeNewswire News Room·2025-03-06 19:52

Core Viewpoint - Rosen Law Firm is reminding investors who purchased TELUS International securities during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased TELUS International securities between February 16, 2023, and August 1, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is March 31, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that TELUS International failed to disclose critical information regarding its AI Data Solutions, which required the cannibalization of higher-margin offerings, leading to declining profitability [5]. - It is claimed that the shift towards AI put greater pressure on the company's margins than previously disclosed, resulting in materially misleading statements about the company's business and prospects [5].