Intuit reaches $141 million settlement over TurboTax

div classBodysc17zpet90 cdBBJodivpNEW YORK Reuters – Intuit Inc agreed to pay 141 million to customers to settle claims it tricked them into buying online TurboTax products that the tax preparation company deceptively advertised as “free.”p

pThe settlement announced on Wednesday with all 50 U.S. states and Washington, D.C. resolves claims that Intuit steered millions of customers, many with low incomes, toward commercial products and away from federally supported free tax services.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pNew York Attorney General Letitia James, whose office helped lead the probe, said the settlement also calls for Intuit to suspend its ad campaign containing slogans such as “TurboTax Free is free. Free free free free.”p

p“For years, Intuit misled the most vulnerable among us to make a profit,” James said in a statement. “Today, every state in the nation is holding Intuit accountable.”p

pIntuit, based in Mountain View, California, did not immediately respond to requests for comment.p

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pp Reporting by Jonathan Stempel in New YorkEditing by Chizu Nomiyamap

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