Rosen Law Firm Urges TELUS International Investors to Take Action Before Class Action Deadline

On February 16, 2025, it was announced that Rosen Law Firm, a prominent global law firm focused on investor rights, is reminding investors who bought shares of TELUS International (Cda) Inc. (NYSE: TIXT) between February 16, 2023, and August 1, 2024, of a crucial deadline. Investors should be aware that they must secure legal counsel by March 31, 2025, to participate as lead plaintiffs in a securities class action lawsuit.

Key Information: If you acquired TELUS International securities during what is referred to as the "Class Period," you may be eligible for compensation. Notably, participation in the lawsuit would not require any out-of-pocket fees or costs due to the arrangement based on contingency fees. This means that legal fees would be deducted from any recovery made.

Steps to Participate: Interested investors can join the class action by visiting the Rosen Law Firm's dedicated webpage or reaching out directly to lawyer Phillip Kim. He can be contacted toll-free at 866-767-3653 or via email at [email protected]. It is important to understand that if an individual wishes to take on the role of lead plaintiff—which means representing other class members in the lawsuit—this must be formally requested in court by the deadline.

Choosing the Right Counsel: Investors are urged to select skilled counsel with a solid track record in securities class actions. Rosen Law Firm emphasizes that many firms making announcements about these cases might lack the necessary experience or resources to effectively litigate. The firm is recognized for its extensive experience and has achieved significant legal victories for investors, including the largest settlement ever against a Chinese company at the time of that case.

Background of the Case: The lawsuit claims that, during the specified Class Period, TELUS International made several misleading statements regarding its business operations. More specifically, the company allegedly concealed the following:

• The need to sacrifice its higher-margin services to promote its AI Data Solutions offerings.
• A decline in profitability that was significantly connected to its investment in AI capabilities.
• An increase in pressure on profit margins due to its aggressive shift toward AI.
• Statements made by the company that investors found reassuring were not fully supported by factual information.

According to the allegations, when the true state of affairs became known, investors experienced losses as a result.

It is vital to note that currently, no class has been certified for this action. Until such a certification occurs, individuals are not inherently represented unless they retain legal counsel. Investors can choose not to engage in this action and remain absent but must acknowledge that their potential recovery could be affected regardless of their decision to serve as lead plaintiff.

For those seeking updates, Rosen Law Firm encourages following their official profiles on social media platforms.

Disclaimer: This article serves as general information only; it does not constitute legal advice.

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