Investors urged to act before lead plaintiff deadline in TFI International class action
- The Rosen Law Firm issued a reminder for TFI International securities holders regarding the class action lawsuit.
- Investors must declare their intent to be lead plaintiffs by May 13, 2025.
- Qualifying plaintiffs may be entitled to compensation without upfront costs through a contingency fee arrangement.
In New York, on April 5, 2025, the Rosen Law Firm issued a reminder to investors regarding a class action lawsuit involving TFI International Inc. This lawsuit targets securities purchasers of the company between April 26, 2024, and February 19, 2025. The lead plaintiff deadline is set for May 13, 2025, and those who bought TFI International securities during this specified Class Period may be eligible for compensation without any out-of-pocket expenses due to a contingency fee arrangement offered by the firm. The lawsuits allege that key misstatements by TFI International’s management misled investors about the company's financial health and operational capabilities. The plaintiffs claim that during the Class Period, TFI International's management made misleading statements regarding the company's ability to retain small and medium business clients, which ultimately affected the decline in TForce Freight revenue. Furthermore, the plaintiffs argue that miscommunications about cost management and profitability led to investors suffering damage as the truth about the company's declining performance became known. Rosen Law Firm emphasizes the need for investors to engage qualified counsel with successful experience in handling securities class actions as many firms may lack relevant expertise. The firm is known for its significant achievements, including achieving the largest settlement against a Chinese company and being the top-ranked firm by ISS Securities Class Action Services in terms of settlement numbers in 2017. Investors interested in serving as lead plaintiffs in this matter need to file motions in court by the upcoming deadline. The firm encourages potential plaintiffs to reach out for more information regarding the class action, highlighting that no class has yet been certified, allowing individuals to select their counsel freely. As the deadline approaches, it is critical for affected investors to act swiftly to secure their legal standing and potential compensation.