BENSALEM, Pa.–(BUSINESS WIRE)–$FICO #fraud–Law Offices of Howard G. Smith continues its investigation on behalf Fair Isaac Corporation (“Fair Isaac” or the Company”) (NYSE: FICO) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 15, 2020, Fair Isaac issued a press release stating that, “[o]n Friday, March 13, 2020, Fair Isaac was notified that the U.S. Department of Justice, Antitrust Division, opened a civil investigation into potential exclusionary conduct by Fair Isaac.” Fair Isaac 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, the Company’s share price fell $62.87, or over 20 %, to close at $240.68 per share on March 16, 2020, thereby injuring investors.
If you purchased Fair Isaac securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.