TELUS(TU) Prnewswire·2025-03-12 09:45Core Points - A class action securities lawsuit has been filed against TELUS International, alleging securities fraud affecting investors between February 16, 2023, and August 1, 2024 [1][2] - The lawsuit claims that the company's AI Data Solutions offerings cannibalized higher-margin products, leading to declining profitability and greater pressure on margins than previously disclosed [2] - Investors have until March 31, 2025, to request to be appointed as lead plaintiff, with no out-of-pocket costs for class members to participate [3] Company Details - TELUS International is facing allegations that its positive statements regarding business operations and prospects were materially misleading due to undisclosed issues related to its AI initiatives [2] - The firm Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]