Senior executives allegedly misled investors about corporate financial performance tied to artificial intelligence.
B.C. law firm Slater Vecchio LLP and Texas-based Scott & Scott LLP today announced that they in December filed a class action lawsuit against Telus International Inc. , alleging that Telus International and several of its officers made "misstatements" about the company's artificial intelligence offerings.
The news comes on the heels of another law firm suggesting that there could be a "pending" lawsuit against Telus International. Berger Monague's investigation is focused on whether the company and its senior executives misled investors about corporate financial performance, specifically related to AI offerings. The alleged miscommunication happened between Feb. 16, 2023, through Aug. 1, 2024, Berger Montague said.
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