Intuit fires back at FTC judge who said company used 'deceptive advertising' for TurboTax

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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.

 

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