SAN DIEGO, June 24, 2022 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether Intuit inc. (“Intuit”) (NASDAQ: INTU), any of its officers or others have violated securities laws by misrepresenting or failing to timely disclose material and adverse information to investors. The investigation focuses on investors’ losses and whether they can be recovered under federal securities laws.
What if I bought common shares of Intuit? If you purchased Intuit common stock and suffered significant losses on your investment, join our survey now:
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What is Johnson Fistel investigating? On March 29, 2022, the FTC filed a lawsuit against the Inuit, claiming the company deceived millions of Americans into paying for tax preparation software that should be free. On May 4, 2022, Intuit agreed to pay $141 million to settle similar Turbo Tax allegations.
What if I have relevant non-public information? Individuals with nonpublic information about the company should consider participating in our investigation or taking advantage of the SEC’s Whistleblower Program. Under the SEC’s program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or [email protected].
About Johnson Fistel, LLP. Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in securities class actions and derivatives lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Lawyer advertisement. Past results do not guarantee future results.
Johnson Fistel, LLP
Jim Baker, Senior Securities Analyst
Telephone: (619) 814-4471
E-mail: [email protected]