The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Intuit Inc. (“Intuit” or “the Company”) (NASDAQ: INTU) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Intuit is the subject of a lawsuit filed by the FTC on March 29, 2022. The lawsuit claims that the Company tricked millions of people into paying for tax preparation software that should have been provided at no cost. The Company agreed to pay $141 million to settle similar allegations related to its TurboTax product on May 4, 2022. Based on this news, shares of Intuit fell 5.1% on May 5, 2022.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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