TFI International (TFII) Stock Price Drop Canadian Class Action
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QC Apr 22, 2025 [en]
Application for Authorization
CONSUMER LAW GROUP has filed a national class action against TFI International Inc. and some of its executives on behalf of shareholders of its stock that purchased or otherwise acquired TFII securities between April 26, 2024 and February 19, 2025, inclusive (the “Class Period”).
TFI is a transportation and logistics company that operates in the United States and Canada.
TFI’s common stock trades on both the Toronto Stock Exchange (“TSX”) and the New York Stock Exchange (“NYSE”) and the under the symbol “TFII”.
The proposed lawsuit alleges that throughout the Class Period, TFI made materially false and/or misleading statements, and also failed to disclose material adverse facts about the Company’s business, prospects, and operations. Specifically, it failed to disclose to investors:
(1) that the Company was losing small and medium business customers;
(2) that, as a result, the Company’s TForce revenue was decreasing;
(3) that TFI was experiencing difficulties managing its costs;
(4) that, as a result of the foregoing, the profitability of its largest business segment was decreasing; and
(5) that, as a result of the foregoing, TFI’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable factual foundation;
If you or someone you know purchased TFII securities between April 26, 2024 and February 19, 2025, and you wish more information on potential compensation or to be kept advised of the status of the TFI International Stock Price Drop Class Action or any resulting compensation thereof in Canada, Ontario or Quebec, please provide your contact information to our law firm using the form below.
IF YOU WISH TO JOIN THE CLASS ACTION OR TO SIMPLY GET MORE INFORMATION, PLEASE COMPLETE THE FORM BELOW. Please note that providing your information creates no financial obligation for you. You are not charged any fee or cost for joining this class action. Our law firm is paid a contingency fee from the compensation recovered, only if the class action is successful. All information contained in this transmission is confidential and Consumer Law Group agrees to protect this information against unauthorized use, publication or disclosure.

