CGI Inc.

Case Overview

Between January 28 2025 and April 28, 2026 inclusive, CGI Inc. ("CGI" or the "Company") and its officers and directors (collectively, the "Defendants") published documents that contain misrepresentations and omit to disclose material facts relating to the Company’s financial health, including the strength and demand for its services as well as CGI’ so-called "organic growth."

The effect of Defendants’ misconduct was to artificially inflate the value of CGI’s securities. As a result, members of the proposed class acquired CGI’s securities at artificially inflated prices that did not reflect their true value.

When the entire truth emerged on April 29, 2026, the value of CGI’s securities plummeted, resulting in a loss to the members of the proposed class.

The proposed class action seeks to obtain a judgment ordering the Defendants to pay damages to each member of the proposed class.

Members of the Proposed Class

You are a member of the proposed class if you purchased CGI securities between January 28, 2025 and April 28, 2026 and held all or some of those securities at any time between January 28, 2026 and April 29, 2026.

Case Status

On July 20, 2026, an Application for Authorization to Institute a Class Action and for Authorization to Bring an Action for Damages under article 225.4 of the Securities Act, CQLR c V-1.1 was filed before the Superior Court of Québec.  

The class action is currently at the authorization stage.

Proceedings and Judgments

• • Application for Authorization to Institute a Class Action and for Authorization to Bring an Action for Damages under article 225.4 of the Securities Act (in French only).