TFI International Inc.

Case Overview
44 Days Left to Seek Lead Plaintiff
Lead Plaintiff Deadline: | Lead Plaintiff Deadline: 05/13/2025 |
Status: | Status: Investigating |
Company Name: | Company Name: TFI International Inc. |
Court: | Court: Southern District of New York |
Case Number: | Case Number: 1:25cv02159 |
Class Period: | Class Period: 04/26/2024 - 02/19/2025 |
Ticker: | Ticker: TFII |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired TFI International Inc. (“TFI” or the “Company”) (NYSE:TFII) securities during the period from April 26, 2024, through February 19, 2025 (“the Class Period”). Investors have until May 13, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On February 19, 2025, after the market closed, TFI announced its fourth quarter and full year 2024 financial results in a press release, revealing quarterly net income of $88.1 million (a nearly 33% decrease year-over-year) and fiscal 2024 net income of $422.5 million (approximately 16% decrease year-over-year). On this news, the price of TFI fell $26.13 per share, from $127.61 per share from February 19, 2025, to close at $101.48 on February 20, 2025.
The complaint alleges that defendants, throughout the Class Period, failed to disclose that: (1) that the Company was losing small and medium business customers; (2) that, as a result, the Company’s TForce revenue was declining; (3) that TFI was experiencing difficulties managing its costs; (4) that, as a result of the foregoing, the profitability of its largest business segment was declining.
On February 19, 2025, after the market closed, TFI announced its fourth quarter and full year 2024 financial results in a press release, revealing quarterly net income of $88.1 million (a nearly 33% decrease year-over-year) and fiscal 2024 net income of $422.5 million (approximately 16% decrease year-over-year). On this news, the price of TFI fell $26.13 per share, from $127.61 per share from February 19, 2025, to close at $101.48 on February 20, 2025.
The complaint alleges that defendants, throughout the Class Period, failed to disclose that: (1) that the Company was losing small and medium business customers; (2) that, as a result, the Company’s TForce revenue was declining; (3) that TFI was experiencing difficulties managing its costs; (4) that, as a result of the foregoing, the profitability of its largest business segment was declining.