19% p.a.
binanceservices-ethusdt
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. 19 Days active 410 …
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| TIXT | positively | The ticker, TIXT, could experience a positive effect due to increased investor scrutiny and potential payouts for shareholders and if the allegations are found to be true, will help clear the company’s name and boost investor confidence leading to a potential rise. Additionally increased efforts and assurances from the company in response to the lawsuit could enhance trust in the company’s future operational integrity. |
| TU | negatively | The pending class action lawsuit against Telus International (Cda) Inc. could negatively impact the TU stock due to allegations of materially false and misleading statements by the company and its executives in regards to the profitability and financial impact the AI development. The legal uncertainty and potential financial repercussions from the lawsuit can set off investor worries and erode investor confidence. |
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summary
Gross Law Firm Alerts TELUS International Shareholders of Pending Class Action Lawsuit
New York, March 06, 2025 — The Gross Law Firm has issued a notice to shareholders of TELUS International (Cda) Inc. (TIXT). The firm encourages investors who purchased shares during the specified class period to consider joining a pending class action lawsuit. The class period in question spans from February 16, 2023, to August 1, 2024. The complaint alleges that during this time, the company and its executives made materially false and misleading statements. The first allegation is that Telus International’s AI Data Solutions offerings required the cannibalization of its higher-margin offerings. Second, it is suggested that the company’s declining profitability was tied to its AI capabilities development. Third, the shift toward AI is claimed to have put greater pressure on the company’s margins than previously disclosed. Finally, these factors allegedly made the defendants’ positive statements about the company’s business, operations, and prospects materially misleading. Shareholders are reminded that the deadline to seek appointment as a lead plaintiff is March 31, 2025. By registering, shareholders will be enrolled in a portfolio monitoring system to provide status updates throughout the case. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
