Baldwin v. Intuit Inc.

What this case is about

Plaintiffs allege that Intuit, the company behind TurboTax and other financial software products, made misleading statements to investors and consumers about its business practices, particularly around its free tax filing services. The lawsuit claims that Intuit misrepresented the true accessibility and availability of its free filing options, leading consumers to pay for services they were led to believe would be free. The proposed class consists of investors and consumers who were harmed by these allegedly false and misleading statements during the relevant time period. Plaintiffs contend that Intuit's conduct violated securities laws by creating a distorted picture of the company's compliance with free-file agreements and its actual revenue practices tied to consumer tax preparation services.

What happens next

The case is in its earliest stage. The defendant has not yet responded. Class certification — the court's decision on whether the case can proceed as a class action — typically takes 12 to 24 months after filing. See our FAQ for how class actions work and what it means to be a class member.

Source: CourtListener docket entry. This summary was generated automatically from the public docket and has not been reviewed by an attorney. It may contain errors and may not reflect subsequent filings. Published by Access Law Group; responsible attorney Bogdan Enica, Esq..