News

Intuit Found to Engage in Deceptive Advertising by FTC Judge

1 Mins read

A recent ruling by a Federal Trade Commission (FTC) administrative law judge has concluded that Intuit, the well-known maker of TurboTax filing software, engaged in deceptive advertising practices. The judge, D. Michael Chappell, found that Intuit had misled customers by claiming that its tax filing service was “free.” However, it was revealed that this claim was false for approximately two-thirds of taxpayers.

As a result of this ruling, Chappell has ordered Intuit to cease its deceptive advertising and mandated that the company include clear and conspicuous disclosures in future ads, specifying which customers are eligible for free filing.

Intuit had already anticipated this decision and expressed its intention to continue fighting the case. If necessary, the company is prepared to take the matter to a federal appeals court. In a blog post, released last Friday, Intuit strongly criticized the FTC’s flawed and questionable process, confidently asserting that the decision will ultimately be overturned.

The company also emphasized that it already adheres to most of the advertising practices outlined in the FTC’s erroneous decision. Furthermore, Intuit stated that there will be no monetary penalty and it does not anticipate any significant impact on its business.

Related posts
News

North Korea Accused of Stealing Billions Through Cyberattacks to Fund Nuclear Program

3 Mins read
An international report reveals North Korea’s extensive cyber operations, detailing billions stolen through cryptocurrency theft, fake remote tech jobs, and malware, all…
News

The silent war: When virtual attacks inflict real-world devastation

3 Mins read
As digital transformation accelerates worldwide, cyberspace has become vital to the economy and society — but also a high-risk arena for data…
News

'Ether Caught Fire': ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds

2 Mins read
Ethereum (ETH) emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin (BTC) behind as capital flowed into altcoins, DeFi protocols, and…

Leave a Reply

Your email address will not be published. Required fields are marked *