{"success":true,"data":{"pressRelease":{"id":"113347","rtpr_id":"nACSCSpQ3a","ticker":"INTU","exchange":"NASDAQ","all_tickers":["INTU"],"title":"Recover Investment Losses: Class Action Initiated Against Intuit Inc. (INTU)","author":"ACCESSWIRE","published_at":"2026-08-09T22:30:00.681Z","article_body":"NEW YORK, NY / ACCESS Newswire / August 9, 2026 / Levi & Korsinsky, LLP\nannounces that a securities class action lawsuit has been filed on behalf of\ninvestors who purchased or otherwise acquired Intuit Inc. (NASDAQ:INTU)\nsecurities.\n\nIf you suffered a loss on your Intuit Inc. investment and would like to\nexplore a potential recovery under the federal securities laws, Learn about\nIntuit Inc. Class Action (https://pr.report/oyj5) or contact Joseph E. Levi,\nEsq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to\nour team of experienced shareholder advocates.\n\nTHE LAWSUIT: A class action securities lawsuit was filed against Intuit Inc.\nthat seeks to recover losses of shareholders who were adversely affected by\nalleged securities fraud between August 22, 2025 and May 20, 2026.\n\nCASE DETAILS: The filed complaint alleges that defendants made false\nstatements and/or concealed that: (i) they had overstated Intuit's competitive\nadvantages and growth, as well as the overall strength and sustainability of\nits business model and operations; (ii) in reality, Intuit was losing\nsignificant business in its tax-related business, particularly in its Turbo\nTax business, as a result of, inter alia, increasing competitive and pricing\npressures; (iii) accordingly, Intuit's previously issued FY 2026 TurboTax\nrevenue growth guidance was unreliable and/or unrealistic; and (iv) as a\nresult, defendants' public statements were materially false and misleading at\nall relevant times.\n\nWHAT'S NEXT? If you purchased Intuit Inc. stock during the relevant time frame\n- even if you still hold your shares, learn about your rights to seek a\nrecovery (https://pr.report/oyj6). There is no cost or obligation to\nparticipate.\n\nWHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has\nestablished itself as a nationally-recognized securities litigation firm that\nhas secured hundreds of millions of dollars for aggrieved shareholders and\nbuilt a track record of winning high-stakes cases. The firm has extensive\nexpertise representing investors in complex securities litigation and a team\nof over 70 employees to serve our clients. For seven years in a row, Levi &\nKorsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as\none of the top securities litigation firms in the United States. Attorney\nAdvertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\nEd Korsinsky, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@levikorsinsky.com\nTel: (212)363-7500\nFax: (212) 363-7171\n\nSOURCE: Levi & Korsinsky, LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/recover-investment-losses-class-action-initiated-against-intuit-1205337)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSCSpQ3a","title":"Recover Investment Losses: Class Action Initiated Against Intuit Inc. (INTU)","author":"ACCESSWIRE","ticker":"INTU","created":"2026-08-09T22:30:00.681Z","tickers":["INTU"],"exchange":"NASDAQ","article_body":"NEW YORK, NY / ACCESS Newswire / August 9, 2026 / Levi & Korsinsky, LLP\nannounces that a securities class action lawsuit has been filed on behalf of\ninvestors who purchased or otherwise acquired Intuit Inc. (NASDAQ:INTU)\nsecurities.\n\nIf you suffered a loss on your Intuit Inc. investment and would like to\nexplore a potential recovery under the federal securities laws, Learn about\nIntuit Inc. Class Action (https://pr.report/oyj5) or contact Joseph E. Levi,\nEsq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to\nour team of experienced shareholder advocates.\n\nTHE LAWSUIT: A class action securities lawsuit was filed against Intuit Inc.\nthat seeks to recover losses of shareholders who were adversely affected by\nalleged securities fraud between August 22, 2025 and May 20, 2026.\n\nCASE DETAILS: The filed complaint alleges that defendants made false\nstatements and/or concealed that: (i) they had overstated Intuit's competitive\nadvantages and growth, as well as the overall strength and sustainability of\nits business model and operations; (ii) in reality, Intuit was losing\nsignificant business in its tax-related business, particularly in its Turbo\nTax business, as a result of, inter alia, increasing competitive and pricing\npressures; (iii) accordingly, Intuit's previously issued FY 2026 TurboTax\nrevenue growth guidance was unreliable and/or unrealistic; and (iv) as a\nresult, defendants' public statements were materially false and misleading at\nall relevant times.\n\nWHAT'S NEXT? If you purchased Intuit Inc. stock during the relevant time frame\n- even if you still hold your shares, learn about your rights to seek a\nrecovery (https://pr.report/oyj6). There is no cost or obligation to\nparticipate.\n\nWHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has\nestablished itself as a nationally-recognized securities litigation firm that\nhas secured hundreds of millions of dollars for aggrieved shareholders and\nbuilt a track record of winning high-stakes cases. The firm has extensive\nexpertise representing investors in complex securities litigation and a team\nof over 70 employees to serve our clients. For seven years in a row, Levi &\nKorsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as\none of the top securities litigation firms in the United States. Attorney\nAdvertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\nEd Korsinsky, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@levikorsinsky.com\nTel: (212)363-7500\nFax: (212) 363-7171\n\nSOURCE: Levi & Korsinsky, LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/recover-investment-losses-class-action-initiated-against-intuit-1205337)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-08-09T22:30:00.737021648Z","server_sent_at_ms":1786314600737},"received_at":"2026-08-09T22:30:00.787Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/recover-investment-losses-class-action-initiated-against-intuit-1205337"},"analysis":{"id":"102348","press_release_id":"113347","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"Levi & Korsinsky announced a class action lawsuit against Intuit on behalf of investors who purchased securities between August 22, 2025, and May 20, 2026.\n\nThe complaint alleges Intuit overstated its competitive advantages and TurboTax business growth, claiming FY 2026 guidance was unreliable.\n\nThis release is a solicitation by the plaintiff firm for shareholders to join the class action and is not an issuer disclosure.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"A class action securities lawsuit was filed against Intuit Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between August 22, 2025 and May 20, 2026.","namedEntities":{"people":[{"name":"Joseph E. Levi, Esq."},{"name":"Ed Korsinsky, Esq."}],"products":["TurboTax"],"companies":[{"name":"Intuit Inc.","ticker":"INTU"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Levi & Korsinsky. No new disclosure from the issuer; no certified class, no settlement, and no material financial impact confirmed."},"tickerRelevance":{"others":[],"primary":"INTU"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Levi & Korsinsky announced a class action lawsuit against Intuit on behalf of investors who purchased securities between August 22, 2025, and May 20, 2026.\n\nThe complaint alleges Intuit overstated its competitive advantages and TurboTax business growth, claiming FY 2026 guidance was unreliable.\n\nThis release is a solicitation by the plaintiff firm for shareholders to join the class action and is not an issuer disclosure.","key_figures":null,"named_entities":{"people":[{"name":"Joseph E. Levi, Esq."},{"name":"Ed Korsinsky, Esq."}],"products":["TurboTax"],"companies":[{"name":"Intuit Inc.","ticker":"INTU"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-09T22:31:11.448Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":70717,"modelName":"glm-4.7"}}