TFI International Faces Class Action Lawsuit Over Securities Fraud

TFI International Inc. is facing multiple class action lawsuits from investors who purchased its securities between April 26, 2024, and February 19, 2025, alleging securities fraud. The complaints claim that TFI misrepresented its financial health, particularly concerning declining revenue from small and medium business customers, which adversely affected its TForce division, and overall profitability. Law firms including Levi & Korsinsky, Bernstein Liebhard, and Wolf Haldenstein have filed these actions, emphasizing that the company’s positive statements were misleading and lacked a reasonable basis. Investors are encouraged to join the lawsuit, with a deadline to apply as lead plaintiff set for May 13, 2025. The lawsuits highlight a significant drop in TFI's stock price following the disclosure of these alleged issues, resulting in financial losses for shareholders. Various law firms are offering no-cost representation to class members in this case.