The Law Offices of Frank R. Cruz announces an investigation of TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE: TIXT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON TELUS INTERNATIONAL (CDA) INC. (TIXT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
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. The Company also reported a 13% year-over-year increase in revenue in its artificial intelligence business. Additionally, the Company also disclosed that its President and CEO would be retiring.
On this news, TELUS’s stock price fell $2.33, or 36%, to close at $4.15 per share, on August 2, 2024, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased TELUS securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
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