{"id":993130,"date":"2026-08-10T23:27:25","date_gmt":"2026-08-11T03:27:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline\/"},"modified":"2026-08-10T23:27:25","modified_gmt":"2026-08-11T03:27:25","slug":"approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline\/","title":{"rendered":"APPROACHING DEADLINE ALERT: Intuit Inc. (INTU) Securities Fraud Class Action Lawsuit Filed; September 8, 2026, Lead Plaintiff Deadline"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <b>Did you buy <\/b><br \/>\n        <b>INTU <\/b><br \/>\n        <b>securities between August 22, 2025 and May 20, 2026?<\/b>\n      <\/p>\n<p>\n        <b>Affected INTU Investor Summary<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>Who:<\/b>\u00a0Intuit Inc. (<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=2743557935&amp;u=https%3A%2F%2Fwww.benzinga.com%2Fquote%2FINTU&amp;a=NASDAQ%3A+INTU\" target=\"_blank\" rel=\"nofollow\">NASDAQ: INTU<\/a>)<\/li>\n<li>\n          <b>What:<\/b>\u00a0Securities <span>fraud<\/span> class action lawsuit filed<\/li>\n<li>\n          <b>Class Period:<\/b>\u00a0August 22, 2025 through May 20, 2026<\/li>\n<li>\n          <b>Deadline to Seek Lead Plaintiff Status:<\/b>\u00a0September 8, 2026<\/li>\n<li>\n          <b>Key Lawsuit Allegations:<\/b>\u00a0Material misstatements and\/or omissions concerning the strength of the company&#8217;s tax-related business.\u00a0<\/li>\n<li>\n          <b>Investor Action: <\/b>Contact <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=3356496999&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fintu-intuit-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dintu%26mktm%3DPR&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP+(www.ktmc.com\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com<\/a>) for recovery options<\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\">RADNOR, Pa.<\/span>, <span class=\"legendSpanClass\">Aug. 10, 2026<\/span> \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=1078026574&amp;u=http%3A%2F%2Fwww.ktmc.com%2F&amp;a=www.ktmc.com\" target=\"_blank\" rel=\"nofollow\">www.ktmc.com<\/a><u>)<\/u>, a nationally recognized securities litigation law firm,\u00a0informs investors that a securities <span>fraud<\/span> class action lawsuit has been filed against\u00a0Intuit Inc. (Intuit) (NASDAQ: INTU) on behalf of those who purchased or acquired Intuit securities between August 22, 2025 and May 20, 2026, inclusive.\u00a0The lawsuit is filed in the United States District Court for the Northern District of California and is captioned <i>Baldwin v. Intuit Inc.<\/i>, No. 3:26-cv-07086 (N.D. Cal.).\u00a0 <b>Investors have until September 8, 2026, to file for lead plaintiff status.<\/b>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS669377\/Kessler-Topaz-Meltzer-and-Check-Logo.jpg?id=OA2835510\" title=\"KTMC Icon\" alt=\"KTMC Icon\" \/>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:<\/u><br \/>\n        <\/b>\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>If you purchased or acquired Intuit Inc. securities and have lost money on your investment, please provide your information here: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=3060690666&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fintu-intuit-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dintu%26mktm%3DPR&amp;a=https%3A%2F%2Fwww.ktmc.com%2Fintu-intuit-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dintu%26mktm%3DPR\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.ktmc.com\/intu-intuit-inc-class-action-lawsuit?utm_source=PR_Newswire&amp;utm_medium=pressrelease&amp;utm_campaign=intu&amp;mktm=PR<\/a>\u00a0<\/p>\n<p>\n        <b>You can also contact attorney <\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=4024151862&amp;u=https%3A%2F%2Fktmc.com%2Fpeople%2Fjon-naji&amp;a=Jonathan+Naji%2C+Esq.\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b>Jonathan Naji, Esq.<\/b><br \/>\n        <\/a>\u00a0<b>by calling (484) 270-1453 or by email at <\/b><a href=\"mailto:info@ktmc.com\" target=\"_blank\" rel=\"nofollow\"><b>info@ktmc.com<\/b><\/a><b>.<\/b>\u00a0 There is no cost or obligation to speak with an attorney.<\/p>\n<p>\n        <b><br \/>\n          <u>INTUIT INC.<\/u><br \/>\n        <\/b>\u00a0<b><u>CLASS ACTION LAWSUIT &#8211; COMPLAINT ALLEGATION SUMMARY:<\/u><\/b>\u00a0<\/p>\n<p>The complaint <span>alleges<\/span> that, throughout the Class Period, Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts about the company&#8217;s business, operations, and prospects.\u00a0 Specifically, Defendants misrepresented and\/or failed to disclose that: (1) Intuit overstated its competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (2) Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, increasing competitive and pricing pressures; (3) Intuit&#8217;s previously issued full year 2026 TurboTax revenue growth guidance was unreliable and\/or unrealistic; and (4) as a result, Defendants&#8217; statements about the company&#8217;s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <b>Why did Intuit&#8217;s Stock Drop?<\/b>\n      <\/p>\n<p>On May 20, 2026, before the market opened, <i>Reuters<\/i>\u00a0reported Intuit was laying off about 17% of its global workforce, or about 3,000 employees worldwide, to streamline operations, and was winding down its Reno and Woodland Hills offices as part of a strategic restructuring.\u00a0 On this news, the price of Intuit common stock declined $15.78 per share, or approximately 3.9%, from a close of $399.71 per share on May 19, 2026, to close at $383.93 per share on May 20, 2026.<\/p>\n<p>On May 20, 2026, after the market closed, Intuit announced its third quarter fiscal year 2026 financial results and revealed revenue growth of only 7% year-over-year, versus consensus estimates of at least 8%.\u00a0 During the corresponding earnings call, Intuit acknowledged that TurboTax did not have &#8220;the overall tax season we expected&#8221; and that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the &#8220;most significant industry-wide contraction since the post-COVID tax season.&#8221;\u00a0 On this news, the price of Intuit common stock declined $76.86 per share, or approximately 20%, from a close of $383.93 per share on May 20, 2026, to close at $307.07 per share on May 21, 2026.<\/p>\n<p>\n        <b><br \/>\n          <u>WHAT INTUIT INC. INVESTORS CAN DO NOW:<\/u><br \/>\n        <\/b>\n      <\/p>\n<ol type=\"1\">\n<li>File to be lead plaintiff by September 8, 2026.<\/li>\n<li>Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.<\/li>\n<li>Retain counsel of choice or take no action.<\/li>\n<\/ol>\n<p>\n        <b><br \/>\n          <u>THE LEAD PLAINTIFF PROCESS FOR INTUIT INC. INVESTORS:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Intuit\u00a0investors may, <b><i><u>no later than September 8, 2026,<\/u><\/i><\/b>\u00a0seek to be appointed as a lead plaintiff representative of the class through <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=2694851068&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fintu-intuit-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dintu%26mktm%3DPR&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP<\/a>\u00a0or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0\u00a0The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n<p>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=2275467275&amp;u=https%3A%2F%2Fwww.ktmc.com%2F&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP<\/a>\u00a0encourages Intuit investors to contact the firm for more information.<\/p>\n<p>\n        <b><br \/>\n          <u>ABOUT KESSLER TOPAZ MELTZER &amp; CHECK, LLP (KTMC):<\/u><br \/>\n        <\/b>\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>Kessler Topaz Meltzer &amp; Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-<span>fraud<\/span> class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=2297977680&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-recognized-as-a-band-1-firm-in-chambers-usa-2026%2F&amp;a=Chambers+%26+Partners+USA+2026+as+a+Band+1+Top+Firm\" target=\"_blank\" rel=\"nofollow\">Chambers &amp; Partners USA 2026 as a Band 1 Top Firm<\/a>\u00a0in Securities and Class Actions, <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=3616492369&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-earns-tier-1-rankings-in-legal-500-united-states-2026%2F&amp;a=Legal+500%27s+Tier+1+Rankings+for+Securities+and+M%26A+Litigation\" target=\"_blank\" rel=\"nofollow\">Legal 500&#8217;s Tier 1 Rankings for Securities and M&amp;A Litigation<\/a>, The National Law Journal&#8217;s Plaintiff&#8217;s Hot List and Trailblazers in Plaintiffs&#8217; Law, BTI Consulting Group&#8217;s Honor Roll of Most Feared Law Firms, The Legal Intelligencer&#8217;s <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4748104-1&amp;h=4122777645&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-named-2026-class-action-litigation-firm-of-the-year%2F&amp;a=Class+Action+Firm+of+the+Year\" target=\"_blank\" rel=\"nofollow\">Class Action Firm of the Year<\/a>, Lawdragon&#8217;s Leading Plaintiff Financial Lawyers, and Law360&#8217;s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.\u00a0 The complaint in this matter was not filed by KTMC.<\/p>\n<p>\n        <b>CONTACT:<\/b>\n      <\/p>\n<p>Jonathan Naji, Esq.<\/p>\n<p>(484) 270-1453<\/p>\n<p>280 King of Prussia Road<\/p>\n<p>Radnor, PA 19087<\/p>\n<p>\n        <a href=\"mailto:info@ktmc.com\" target=\"_blank\" rel=\"nofollow\">info@ktmc.com<\/a>\u00a0<\/p>\n<p>May be considered attorney advertising in certain jurisdictions.\u00a0 Past results do not guarantee future outcomes.\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DC21813&amp;sd=2026-08-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline-302846512.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline-302846512.html<\/a><\/p>\n<p>SOURCE Kessler Topaz Meltzer &amp; Check, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC21813&amp;Transmission_Id=202608101650PR_NEWS_USPR_____DC21813&amp;DateId=20260810\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Did you buy INTU securities between August 22, 2025 and May 20, 2026? Affected INTU Investor Summary Who:\u00a0Intuit Inc. (NASDAQ: INTU) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0August 22, 2025 through May 20, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 8, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the strength of the company&#8217;s tax-related business.\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 10, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Intuit Inc. (Intuit) (NASDAQ: INTU) on behalf of those who purchased or acquired Intuit securities between &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;APPROACHING DEADLINE ALERT: Intuit Inc. (INTU) Securities Fraud Class Action Lawsuit Filed; September 8, 2026, Lead Plaintiff Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-993130","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>APPROACHING DEADLINE ALERT: Intuit Inc. (INTU) Securities Fraud Class Action Lawsuit Filed; September 8, 2026, Lead Plaintiff Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/approaching-deadline-alert-intuit-inc-intu-securities-fraud-class-action-lawsuit-filed-september-8-2026-lead-plaintiff-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"APPROACHING DEADLINE ALERT: Intuit Inc. (INTU) Securities Fraud Class Action Lawsuit Filed; September 8, 2026, Lead Plaintiff Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Did you buy INTU securities between August 22, 2025 and May 20, 2026? Affected INTU Investor Summary Who:\u00a0Intuit Inc. (NASDAQ: INTU) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0August 22, 2025 through May 20, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 8, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the strength of the company&#8217;s tax-related business.\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 10, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Intuit Inc. (Intuit) (NASDAQ: INTU) on behalf of those who purchased or acquired Intuit securities between &hellip; Continue reading &quot;APPROACHING DEADLINE ALERT: Intuit Inc. 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(NASDAQ: INTU) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0August 22, 2025 through May 20, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 8, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the strength of the company&#8217;s tax-related business.\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 10, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Intuit Inc. (Intuit) (NASDAQ: INTU) on behalf of those who purchased or acquired Intuit securities between &hellip; Continue reading \"APPROACHING DEADLINE ALERT: Intuit Inc. 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