Fair Isaac Corporation (FICO)

FICO Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of Fair Isaac Corporation and Encourages Investors to Contact the Firm 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fair Isaac Corporation (“Fair Isaac” or the Company”) (NASDAQ: FICO). The investigation concerns whether Fair Isaac and certain of its officers and/or directors have violated federal securities laws.

 

On March 15, 2020, FICO issued a press release stating, in relevant part, that “[o]n Friday, March 13, 2020, FICO was notified that the U.S. Department of Justice, Antitrust Division, opened a civil investigation into potential exclusionary conduct by FICO.”  FICO advised investors that the Company “intends to fully cooperate with the Department of Justice and looks forward to a constructive dialogue about the state of competition in our industry.”  On this news, FICO’s stock price fell $62.87 per share, or 20.71%, to close at $240.68 per share on March 16, 2020.

 

If you are aware of any facts relating to this investigation, or purchased Fair Isaac shares, you can assist this investigation by contacting the firm.  You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.  

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

© 2019 Bronstein, Gewirtz & Grossman, LLC

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BG&G is not affiliated to any of these companies. All respective trademarks are owned by the respective companies.