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Investor Alert

Sept. 7, 2022, 1:15 p.m. EDT

SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Intuit, Inc. (INTU) and Encourages Investors to Contact the Firm

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Sep 07, 2022 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / September 7, 2022 / Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Intuit, Inc. ("Intuit" or the "Company") /zigman2/quotes/203136605/composite INTU -1.54% .

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 loss in Intuit, Inc. and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at agreco@lowey.com or afarah@lowey.com.

Whistleblowers: Persons with non-public information regarding U.S. Bancorp 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.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: agreco@lowey.com
afarah@lowey.com

SOURCE: Lowey Dannenberg

COMTEX_413937355/2457/2022-09-07T13:15:28

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/zigman2/quotes/203136605/composite
US : U.S.: Nasdaq
$ 379.71
-5.93 -1.54%
Volume: 1.72M
Nov. 29, 2022 4:00p
P/E Ratio
52.40
Dividend Yield
0.82%
Market Cap
$108.70 billion
Rev. per Employee
$735,607
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