Shareholder Notice: Robbins Llp Informs Stockholders Of The Telus International Cda Inc. Class Action

Robbins LLP informs stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired TELUS International Cda Inc. NYSE: TIXT securities between February 16, 2023 and August 1, 2024 . TELUS International purports to design, build, and deliver digital solutions for customer experience, including artificial intelligence AI services, cloud solutions, and user experience/user interface design.

For more information, submit a form , email attorney Aaron Dumas, Jr. , or give us a call at 800 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that TELUS International Cda Inc. TIXT Misled Investors Regarding its Business Prospects

According to the complaint, during the class period, defendants failed to disclose to investors: 1 the Companys AI Data Solutions offerings required the cannibalization of its higher-margin offerings 2 that TELUS Internationals declining profitability was tied to the Companys drive to develop AI capabilities 3 that TELUS Internationals shift toward AI put greater pressure on the Companys margins than previously disclosed and 4 that, as a result of the foregoing, defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

When the truth was revealed, the Companys share price fell 2.33 or 35.96, to close at 4.15 on August 2, 2024 . The stock continued to decline the next trading day available, falling 0.83 , or 20, to close at 3.32 on August 5, 2024 .