Class Action
TELUS International AI Disclosure Securities Litigation
José Luis Cerón Sarria v. Telus International (Cda) Inc., Jeffrey Puritt, Gopi Chande, and Vanessa Kanu
Where it stands
Judge Victor Marrero granted defendants' motion to dismiss in full. The court held plaintiffs failed to allege an actionable misstatement or scienter, reasoning that the allegations did not 'change the core fact' that 'the company did, in fact, have AI capabilities,' and that no specific falsely claimed AI product or service was identified. Confidential-witness accounts from low-level former employees were discounted.
Key ruling
Complete dismissal by Judge Marrero (S.D.N.Y.), reported August 11, 2026: allegations of AI-related omissions insufficient where the company in fact had AI capabilities and disclosures about pilot programs and competitive risk 'undercut any contention' of fraudulent intent.
Note on this record
The exact date the dismissal opinion issued was not stated in the source (reported August 11, 2026); the caption is that of the first-filed complaint, and the consolidated caption and case number of the operative action were not confirmed. A parallel Ontario securities class action against TELUS International remains pending in Canada.The record
- Court
- U.S. District Court for the Southern District of New York
- Case number
- 1:25-cv-00889
- Filed
- 2025-01-30
- Defendants
- TELUS International (Cda) Inc. · Jeffrey Puritt · Gopi Chande · Vanessa Kanu
- Plaintiffs
- Purchasers of TELUS International securities between February 16, 2023 and August 1, 2024, inclusive
- Technology at issue
- TELUS International (now TELUS Digital) AI data-annotation and 'Fuel iX' AI services
- Relief sought
- Class damages under Exchange Act §§ 10(b) and 20(a) and Rule 10b-5
Claims pleaded
Sources (3)
- TELUS International Wins Complete Dismissal of Securities Fraud Class ActionPaul, Weiss, Rifkind, Wharton & Garrison LLP · 2026-08-11
- Class Action Complaint, Cerón Sarria v. Telus International (Cda) Inc., No. 1:25-cv-00889 (S.D.N.Y.)Filed complaint (via The D&O Diary) · 2025-01-30
- Tech Company Hit with Securities Suit Alleging AI-Related OmissionsThe D&O Diary · 2025-02-03
This page describes a publicly filed case. This site is not counsel on this matter, nothing here is legal advice, and the allegations described are allegations unless a court has said otherwise.