{"success":true,"data":{"pressRelease":{"id":"129570","rtpr_id":"nPn6cl7lQa","ticker":"INTU","exchange":"NASDAQ","all_tickers":["INTU"],"title":"INTU Deadline Alert: SueWallSt Reminds Intuit Inc. (INTU) Investors of Securities Class Action Deadline on September 8, 2026","author":"PR Newswire","published_at":"2026-08-27T14:07:03.426Z","article_body":"INTU Deadline Alert: SueWallSt Reminds Intuit Inc. (INTU) Investors of Securities Class Action Deadline on September 8, 2026\n\nPR Newswire\n\nNEW YORK, Aug. 27, 2026\n\nAlert: Claims Focus on Alleged Misrepresentations About Intuit's TurboTax\nGrowth and Revenue Outlook\n\nNEW YORK, Aug. 27, 2026 /PRNewswire/ -- SueWallSt reminds purchasers of Intuit\nInc. (NASDAQ: INTU) securities of a pending securities class action. THE CASE:\nA class action seeks to recover damages for investors who purchased INTU\nsecurities between August 22, 2025 and May 20, 2026. YOUR OPTIONS: You may be\nentitled to compensation without payment of any out-of-pocket fees. See if you\ncould be eligible to recover\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4760312-14&h=2975322948&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fintuit-inc-class-action-lawsuit-intu%3Fprid%3D193879%26wire%3D4&a=See+if+you+could+be+eligible+to+recover)\n or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nWhen the Company disclosed a workforce reduction of approximately 3,000\nemployees, reported weaker-than-expected TurboTax results, and reduced its\nfull-year TurboTax revenue growth outlook to approximately 7% from prior\nexpectations of 8%, INTU shares declined 20.02%, a drop of $76.86 per share,\nclosing at $307.07. Investors have until September 8, 2026 to seek lead\nplaintiff status.\n\nThe Announced Workforce Reduction Affecting Approximately 3,000 Employees\n\nIntuit's Consumer segment generates revenue primarily through its TurboTax\ndo-it-yourself and assisted tax preparation products. The complaint recounts\nthat on May 20, 2026, Reuters reported the Company was laying off about 17% of\nits global workforce and winding down its Reno and Woodland Hills offices to\n\"streamline operations.\" That pre-market disclosure preceded a Q3 2026 report\nshowing TurboTax revenue grew by only 7% year-over-year, missing consensus\nestimates.\n\nAs detailed in the action, management later conceded pressure \"among the most\nprice-sensitive DIY filers earning less than $50,000 a year\" and acknowledged\nthat the Company \"lost on price.\"\n\nTurboTax Revenue Trends and Price-Sensitive Filers\n\nThe complaint chronicles that TurboTax online paying units were expected to\ngrow by only 2%, while total IRS filers were projected to decline by\napproximately 30 basis points, described as the \"most significant\nindustry-wide contraction since the post-COVID tax season.\" The lawsuit\ncontends that the Company was allegedly losing significant business in its\ntax-related segment due to increasing competitive and pricing pressures that\nwere not disclosed to investors during the Class Period.\n\nAlleged Revenue Impact by the Numbers\n\n * TurboTax full-year revenue growth guidance reduced from 8% to 7%\n * TurboTax online paying units expected to grow by only 2%\n * IRS filers projected to contract by approximately 30 basis points\n * Approximately 17% workforce reduction, or about 3,000 employees\n * Offices in Reno and Woodland Hills wound down as part of restructuring\n * Single-day stock decline of 20.02%, or $76.86 per share, to close at $307.07\n\"The complaint raises serious questions about whether investors received\nadequate information regarding pricing and competitive pressures affecting\nIntuit's core tax preparation business.\" -- Joseph E. Levi, Esq.\n\nCalculate your potential recovery\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4760312-14&h=2719713120&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fintuit-inc-class-action-lawsuit-intu%3Fprid%3D193879%26wire%3D4&a=Calculate+your+potential+recovery)\n or call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the INTU Lawsuit\n\nQ: What is the INTU class action lawsuit about? A: A securities class action\nhas been filed against Intuit Inc. (NASDAQ: INTU) alleging materially false\nand misleading statements between August 22, 2025 and May 20, 2026. Shares\nfell approximately 20.02% after the Company disclosed a 17% workforce\nreduction and reduced TurboTax revenue growth guidance. Investors who\npurchased shares during the Class Period and suffered losses may be eligible\nto seek compensation.\n\nQ: How much did INTU stock drop? A: Shares fell approximately 20.02%, a\ndecline of $76.86 per share, after the Company disclosed weak Q3 2026 tax\nseason results and a reduction in TurboTax revenue growth guidance. Investors\nwho purchased shares during the Class Period at artificially inflated prices\nand suffered losses may be eligible to seek compensation.\n\nQ: What court was the INTU class action filed in? A: The case was filed in\nthe United States District Court for the Northern District of California,\ngoverned by the Private Securities Litigation Reform Act of 1995.\n\nQ: What do INTU investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com\n(mailto:jlevi@levikorsinsky.com)  or (212) 363-7500. No immediate action is\nrequired to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What if I already sold my INTU shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to\ncontact the firm. Securities class actions are generally handled on a pure\ncontingency basis. No upfront fees, no retainer, and no out-of-pocket costs.\nAny attorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nQ: How long will the lawsuit take to resolve? A: Securities class actions\ntypically take two to four years from initial filing to resolution. Timing\ndepends on the court schedule, case developments, and whether the matter is\ndismissed, settled, or litigated further.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com)\nTel: (888) SueWallSt\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/intu-deadline-alert-suewallst-reminds-intuit-inc-intu-investors-of-securities-class-action-deadline-on-september-8-2026-302861371.html\n(https://www.prnewswire.com/news-releases/intu-deadline-alert-suewallst-reminds-intuit-inc-intu-investors-of-securities-class-action-deadline-on-september-8-2026-302861371.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1812443/suewallst-logo-1-Logo.jpg?id=OA2913956\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6cl7lQa","title":"INTU Deadline Alert: SueWallSt Reminds Intuit Inc. (INTU) Investors of Securities Class Action Deadline on September 8, 2026","author":"PR Newswire","ticker":"INTU","created":"2026-08-27T14:07:03.426Z","tickers":["INTU"],"exchange":"NASDAQ","article_body":"INTU Deadline Alert: SueWallSt Reminds Intuit Inc. (INTU) Investors of Securities Class Action Deadline on September 8, 2026\n\nPR Newswire\n\nNEW YORK, Aug. 27, 2026\n\nAlert: Claims Focus on Alleged Misrepresentations About Intuit's TurboTax\nGrowth and Revenue Outlook\n\nNEW YORK, Aug. 27, 2026 /PRNewswire/ -- SueWallSt reminds purchasers of Intuit\nInc. (NASDAQ: INTU) securities of a pending securities class action. THE CASE:\nA class action seeks to recover damages for investors who purchased INTU\nsecurities between August 22, 2025 and May 20, 2026. YOUR OPTIONS: You may be\nentitled to compensation without payment of any out-of-pocket fees. See if you\ncould be eligible to recover\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4760312-14&h=2975322948&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fintuit-inc-class-action-lawsuit-intu%3Fprid%3D193879%26wire%3D4&a=See+if+you+could+be+eligible+to+recover)\n or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nWhen the Company disclosed a workforce reduction of approximately 3,000\nemployees, reported weaker-than-expected TurboTax results, and reduced its\nfull-year TurboTax revenue growth outlook to approximately 7% from prior\nexpectations of 8%, INTU shares declined 20.02%, a drop of $76.86 per share,\nclosing at $307.07. Investors have until September 8, 2026 to seek lead\nplaintiff status.\n\nThe Announced Workforce Reduction Affecting Approximately 3,000 Employees\n\nIntuit's Consumer segment generates revenue primarily through its TurboTax\ndo-it-yourself and assisted tax preparation products. The complaint recounts\nthat on May 20, 2026, Reuters reported the Company was laying off about 17% of\nits global workforce and winding down its Reno and Woodland Hills offices to\n\"streamline operations.\" That pre-market disclosure preceded a Q3 2026 report\nshowing TurboTax revenue grew by only 7% year-over-year, missing consensus\nestimates.\n\nAs detailed in the action, management later conceded pressure \"among the most\nprice-sensitive DIY filers earning less than $50,000 a year\" and acknowledged\nthat the Company \"lost on price.\"\n\nTurboTax Revenue Trends and Price-Sensitive Filers\n\nThe complaint chronicles that TurboTax online paying units were expected to\ngrow by only 2%, while total IRS filers were projected to decline by\napproximately 30 basis points, described as the \"most significant\nindustry-wide contraction since the post-COVID tax season.\" The lawsuit\ncontends that the Company was allegedly losing significant business in its\ntax-related segment due to increasing competitive and pricing pressures that\nwere not disclosed to investors during the Class Period.\n\nAlleged Revenue Impact by the Numbers\n\n * TurboTax full-year revenue growth guidance reduced from 8% to 7%\n * TurboTax online paying units expected to grow by only 2%\n * IRS filers projected to contract by approximately 30 basis points\n * Approximately 17% workforce reduction, or about 3,000 employees\n * Offices in Reno and Woodland Hills wound down as part of restructuring\n * Single-day stock decline of 20.02%, or $76.86 per share, to close at $307.07\n\"The complaint raises serious questions about whether investors received\nadequate information regarding pricing and competitive pressures affecting\nIntuit's core tax preparation business.\" -- Joseph E. Levi, Esq.\n\nCalculate your potential recovery\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4760312-14&h=2719713120&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fintuit-inc-class-action-lawsuit-intu%3Fprid%3D193879%26wire%3D4&a=Calculate+your+potential+recovery)\n or call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the INTU Lawsuit\n\nQ: What is the INTU class action lawsuit about? A: A securities class action\nhas been filed against Intuit Inc. (NASDAQ: INTU) alleging materially false\nand misleading statements between August 22, 2025 and May 20, 2026. Shares\nfell approximately 20.02% after the Company disclosed a 17% workforce\nreduction and reduced TurboTax revenue growth guidance. Investors who\npurchased shares during the Class Period and suffered losses may be eligible\nto seek compensation.\n\nQ: How much did INTU stock drop? A: Shares fell approximately 20.02%, a\ndecline of $76.86 per share, after the Company disclosed weak Q3 2026 tax\nseason results and a reduction in TurboTax revenue growth guidance. Investors\nwho purchased shares during the Class Period at artificially inflated prices\nand suffered losses may be eligible to seek compensation.\n\nQ: What court was the INTU class action filed in? A: The case was filed in\nthe United States District Court for the Northern District of California,\ngoverned by the Private Securities Litigation Reform Act of 1995.\n\nQ: What do INTU investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com\n(mailto:jlevi@levikorsinsky.com)  or (212) 363-7500. No immediate action is\nrequired to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What if I already sold my INTU shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to\ncontact the firm. Securities class actions are generally handled on a pure\ncontingency basis. No upfront fees, no retainer, and no out-of-pocket costs.\nAny attorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nQ: How long will the lawsuit take to resolve? A: Securities class actions\ntypically take two to four years from initial filing to resolution. Timing\ndepends on the court schedule, case developments, and whether the matter is\ndismissed, settled, or litigated further.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com)\nTel: (888) SueWallSt\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/intu-deadline-alert-suewallst-reminds-intuit-inc-intu-investors-of-securities-class-action-deadline-on-september-8-2026-302861371.html\n(https://www.prnewswire.com/news-releases/intu-deadline-alert-suewallst-reminds-intuit-inc-intu-investors-of-securities-class-action-deadline-on-september-8-2026-302861371.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1812443/suewallst-logo-1-Logo.jpg?id=OA2913956\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-27T14:07:03.56519653Z","server_sent_at_ms":1787839623565},"received_at":"2026-08-27T14:07:03.615Z","source_url":"https://www.prnewswire.com/news-releases/intu-deadline-alert-suewallst-reminds-intuit-inc-intu-investors-of-securities-class-action-deadline-on-september-8-2026-302861371.html"},"analysis":{"id":"118482","press_release_id":"129570","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"SueWallSt, a brand of Levi & Korsinsky LLP, issued a deadline reminder for Intuit Inc. investors regarding a pending securities class action lawsuit.\n\nThe complaint alleges that Intuit made misrepresentations about its TurboTax growth and revenue outlook between August 22, 2025, and May 20, 2026.\n\nThe firm highlights a 20.02% single-day stock drop following the company's disclosure of a 3,000-employee workforce reduction and a reduction in full-year TurboTax revenue growth guidance to 7% from 8%.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"closing_price":"$307.07","stock_drop_dollar":"$76.86","stock_drop_percent":"20.02%","workforce_reduction_count":3000,"turbotax_guidance_cut_prior":"8%","turbotax_guidance_cut_current":"7%","turbotax_online_paying_units_growth":"2%"}},"quotedText":"The complaint raises serious questions about whether investors received adequate information regarding pricing and competitive pressures affecting Intuit's core tax preparation business.","namedEntities":{"people":[{"name":"Joseph E. Levi","role":"Attorney, Levi & Korsinsky LLP"}],"products":["TurboTax"],"companies":[{"name":"Intuit Inc.","ticker":"INTU","relationship":"target"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"},{"name":"SueWallSt","relationship":"plaintiff law firm brand"}],"dollarAmounts":[{"amount":"$76.86","context":"single-day per share decline"},{"amount":"$307.07","context":"closing price after decline"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by SueWallSt/Levi & Korsinsky. No new disclosure from the issuer; no certified class or settlement announced. Routine lead-plaintiff deadline reminder."},"tickerRelevance":{"others":[],"primary":"INTU"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"SueWallSt, a brand of Levi & Korsinsky LLP, issued a deadline reminder for Intuit Inc. investors regarding a pending securities class action lawsuit.\n\nThe complaint alleges that Intuit made misrepresentations about its TurboTax growth and revenue outlook between August 22, 2025, and May 20, 2026.\n\nThe firm highlights a 20.02% single-day stock drop following the company's disclosure of a 3,000-employee workforce reduction and a reduction in full-year TurboTax revenue growth guidance to 7% from 8%.","key_figures":{"customDimensions":{"closing_price":"$307.07","stock_drop_dollar":"$76.86","stock_drop_percent":"20.02%","workforce_reduction_count":3000,"turbotax_guidance_cut_prior":"8%","turbotax_guidance_cut_current":"7%","turbotax_online_paying_units_growth":"2%"}},"named_entities":{"people":[{"name":"Joseph E. Levi","role":"Attorney, Levi & Korsinsky LLP"}],"products":["TurboTax"],"companies":[{"name":"Intuit Inc.","ticker":"INTU","relationship":"target"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"},{"name":"SueWallSt","relationship":"plaintiff law firm brand"}],"dollarAmounts":[{"amount":"$76.86","context":"single-day per share decline"},{"amount":"$307.07","context":"closing price after decline"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-27T16:02:09.897Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":224333,"modelName":"glm-4.7"}}