A Federal Trade Commission judge ruled against Intuit on Friday, finding the company engaged in deceptive advertising by offering customers 'free' tax preparation with TurboTax.
Intuit said the ruling was expected "given the Commission's flawed and highly questionable process" and vowed to appeal the decision. The Intuit Inc. TurboTax application is demonstrated on an Apple Inc. iPhone 6s in this arranged photograph taken in New York, U.S., on Feb. 15, 2016.
"In recent years, FTC staff has lost more cases than we’ve won before the Administrative Law Judge, who has complete independence from the rest of the agency," Levine told CNBC in a statement. "What Intuit is really trying to do is distract from a meticulous and thorough opinion that decisively finds they’ve been deceiving the public for years."
But Intuit, which also makes Quickbooks, Mint, Credit Karma and Mailchimp, says the FTC's claims are unfounded and vowed to defend itself against the lawsuit. The U.S. Federal Trade Commission seal is seen at a news conference at FTC Headquarters in Washington, U.S., July 24, 2019.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTC judge decides Intuit’s “free” TurboTax ads did mislead consumersThe FTC wants to prevent TurboTax from tricking customers.
Read more »
TurboTax maker Intuit deceived users with offers of ‘free' tax products, FTC judge rulesA judge ruled that Intuit violated Section 5 of the FTC Act by misleading consumers with “free” service claims.
Read more »
FTC ruling cites deceptive advertising by TurboTax software maker IntuitThe Federal Trade Commission's (FTC) administrative law judge ruled on Friday that Intuit Inc., the maker of the popular TurboTax tax filing software, engaged in deceptive advertising and deceived consumers when it ran ads for “free” tax products and services, the FTC said in a statement.
Read more »
TurboTax misled consumers with ads touting free filing, FTC judge rulesA Federal Trade Commission administrative law judge ruled that Intuit, the maker of the widely used TurboTax filing software, engaged in deceptive advertising
Read more »
Administrative law judge rules Intuit Inc engaged in deceptive advertisingAdministrative law judge rules Intuit Inc engaged in deceptive advertising - FTC
Read more »
FTC Issues Fines For Sassy Retail Employees Who Cut Declined Credit Cards In HalfWASHINGTON—Cracking down on the common but unethical practice seemingly rampant in department stores, the Federal Trade Commission began issuing fines this week for any sassy retail employee who held up a customer’s declined credit card and cut it in half. “A lot of these snobbish retail employees seem to derive a…
Read more »