TELUS International (Cda), Inc. (NYSE: TIXT)

This lawsuit is for anyone who acquired securities in TELUS International (Cda), Inc. (NYSE: TIXT) from February 16, 2023 through August 1, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the performance of the Company’s artificial intelligence offerings.

On August 1, 2024, TELUS released its second quarter 2024 financial results, reporting total revenue of $652 million, a 2% year-over-year decrease, due to lower revenues from a leading social media client and other technology clients. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in TELUS International (Cda), Inc. (NYSE: TIXT) from February 16, 2023 through August 1, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.