Securities Class Actions Target Hub Group, Intuit

Levi & Korsinsky announced a securities class action against Intuit on behalf of investors who purchased the company’s stock between February 25, 2025, and June 1, 2026. The complaint alleges that Intuit concealed the competitive threat generative artificial intelligence posed to core businesses such as TurboTax, including risks to expected growth, pricing and profitability. It also alleges that Mailchimp was not delivering the growth and strategic benefits management had promoted, including through its integration with QuickBooks, and was unlikely to return to double-digit growth. Investors who suffered losses may seek information about the case and potential recovery under federal securities laws.