
Faruqi & Faruqi Announces Investigation into Potential Securities Violations by TFI International Investors.
Faruqi & Faruqi Reminds TFI International Investors of the Pending Class Action Lawsuit with a Lead Plaintiff
April 25, 2022 - New York, NY - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors of TFI International, Inc. ("TFI" or the "Company") (NYSE: TFII) of the pending class action lawsuit filed on behalf of all persons and entities that purchased or acquired TFI International securities between April 29, 2021 and January 24, 2022.
The lawsuit, which is currently pending in the United States District Court for the Southern District of New York, alleges that the Company and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information, in violation of federal securities laws. Specifically, the complaint alleges that the Company's statements regarding its financial performance and prospects were false and/or misleading, and that the Company failed to disclose material information regarding its financial performance and prospects.
On January 24, 2022, the Company announced a significant decline in its revenue and profitability, causing its stock price to plummet. The lawsuit alleges that the Company's failure to disclose material information regarding its financial performance and prospects, and the Company's statements regarding its financial performance and prospects, were false and/or misleading, and that the Company's officers and directors were aware of the Company's declining financial performance and prospects, but failed to disclose this information to the public.
Investors who purchased or acquired TFI International securities between April 29, 2021 and January 24, 2022, and suffered losses, are encouraged to contact Faruqi & Faruqi, LLP to discuss their legal rights and options.
About Faruqi & Faruqi, LLP Faruqi & Faruqi, LLP is a leading national securities law firm with extensive experience in investigating and prosecuting complex securities cases. The firm has a strong track record of success in recovering losses for investors, and has been recognized as one of the top law firms in the country by various publications. For more information, please visit our website at www.faruqilaw.com.