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NASDAQ: INTU: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against Intuit Inc.

GlobeNewswire Inc.·
NASDAQ: INTU: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against Intuit Inc.

A securities fraud class action lawsuit has been filed against Intuit Inc. (NASDAQ: INTU) for allegedly making materially false statements about its tax-related business strength. The lawsuit covers the period from August 22, 2025 to May 20, 2026. Intuit's stock declined significantly following announcements of a 17% workforce reduction and disappointing TurboTax revenue growth of only 7% year-over-year versus expected 8%+, with the stock falling approximately 24% over two trading days.

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