Fair Isaac Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On March 12, 2024, U.S. Senator Josh Hawley submitted a communication to the Antitrust Division of the U.S. Department of Justice, pressing for an investigation into what he perceives as “potentially anticompetitive practices” by FICO. In his correspondence, Senator Hawley articulated concerns that FICO might be exploiting its dominant position in the credit scoring sector to elevate expenses for mortgage lenders—a burden he believes will ultimately be transferred to consumers. He alleged that FICO is engaging in an “apparent abuse of this market power” by significantly increasing its prices.
The release of Senator Hawley’s letter led to a notable decline in FICO’s stock value. Specifically, the stock dropped by $82.77 per share, which is a 6.23% decrease, ending at $1,245.82 per share on March 13, 2024.
