According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that:
- TELUS International’s AI Data Solutions offerings required the cannibalization of its higher-margin offerings;
- TELUS International’s declining profitability was tied to TELUS International’s drive to develop AI capabilities;
- TELUS International’s shift toward AI put greater pressure on the company’s margins than previously disclosed; and
- as a result of the foregoing, defendants’ positive statements about TELUS International’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
