TFI International (TFII) Stock Price Drop Canadian Class Action

TFI International (TFII) Stock Price Drop Canadian Class Action

!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs');

lang: en_US

Share

Active

Join This Class Action

.documentsbtn span.plus,

.documentsbtn span.minus{

display:none;

}

.documentsbtn[aria-expanded="false"] span.plus,

.documentsbtn[aria-expanded="true"] span.minus{

display:block;

float: left;

margin: 0 10px 0px 0;

}

+ - Documents (1)

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