Berger Montague PC is investigating allegations of securities fraud on behalf of investors in TELUS International (Cda) Inc. (n/k/a, TELUS Digital) Investing.com
Philadelphia, Pennsylvania–(Newsfile Corp. – January 21, 2025) – Berger Montague PC is currently investigating potential violations of federal securities laws on behalf of investors in TELUS (NYSE:) International (Cda) Inc. (“TELUS Digital” or “Company”) (NYSE: TIXT) (ISIN: CA87975H1001).
TELUS Digital is a global provider of digital customer experience (CX) solutions, including digital experience solutions such as AI and bots, and customer experience solutions. It lists its securities on the NYSE, TSX, and there are several over-the-counter markets for secondary trading.
Berger Montague’s investigation focuses on whether TELUS Digital and its senior executives misled investors about the Company’s financial results, particularly with respect to its artificial intelligence solutions, during the period May 9, 2023 to August 1, 2024, as reflected in the pending shareholder lawsuit.
As a result of the Company’s announcements on August 1, 2024, the price of TELUS stock fell sharply from a closing price of $6.48 per share on August 1 to a closing price of $4.15 per share on August 2, falling further on the following trading day , on August 5, ended at $3.32 per share – a total decline of $3.16 per share, or more than 48%.
If you are a TELUS Digital investor and would like to learn more about our investigation, please contact Berger Montague: Andrew Abramowitz at CanadaInfo@bm.net or aabramowitz@bm.netor (215) 875-3015.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, DC, Delaware, San Diego, San Francisco and Chicago, as well as Toronto, Ontario, Canada, has been a pioneer in securities class actions since its founding in 1970. Berger Montague represents individual and institutional investors for more than five decades and serves as general counsel in courts throughout the United States.
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