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.
Fair Isaac Corporation
Investors who purchased the Company’s securities prior to March 15, 2020 are encouraged to contact the firm.
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 firstname.lastname@example.org.
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.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048