Intuit, Inc. Investigation
Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Intuit, Inc. (INTU) and Encourages Investors to Contact the Firm
Lowey Dannenberg P.C. is investigating claims of violations of federal securities laws on behalf of investors of Intuit, Inc. (“Intuit” or the “Company”) (NASDAQ: INTU).
The investigation concerns whether Intuit and certain of its officers and directors have engaged in violation of securities laws and/or other business practices.
On September 1, 2022, the Federal Trade Commission (“FTC”) filed a lawsuit against Credit Karma (an Intuit subsidiary,) for deploying deceptive tactics and claiming concerns were “pre-approved” and had “90% odds” of approval for credit card offers. Ultimately, the FTC has ordered Credit Karma to pay at $3 million fine.
On this news, the price of Intuit’s shares fell precipitously.
If you suffered a loss in Intuit, Inc. and wish to participate, learn more, or discuss the issues surrounding the investigation, please either click “Submit Your Information” above, or contact our attorneys directly at (914) 733-7256 or via email at firstname.lastname@example.org or email@example.com.
Whistleblowers: Persons with non-public information regarding Intuit should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.
An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.