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TFII Investors Have Opportunity to Lead TFI International Inc. Securities Fraud Lawsuit with the Schall Law Firm
TFIITFI International (TFII) Prnewswire·2025-03-17 20:21

Core Viewpoint - A class action lawsuit has been filed against TFI International Inc. for alleged violations of securities laws, specifically related to misleading statements about the company's financial health and customer losses [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased TFI's securities between April 26, 2024, and February 19, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against TFI - The complaint alleges that TFI made false and misleading statements regarding its financial performance [4]. - TFI was reportedly losing small and medium business customers, leading to a decline in TForce revenue [4]. - The company faced challenges in managing costs, which negatively affected the profitability of its largest business segment [4].