•The Law Offices of Frank R. Cruz filed a class action lawsuit against Intuit on behalf of shareholders who purchased securities between August 2025 and May 2026.
•The lawsuit alleges misleading statements about competitive advantages and growth, leading to stock drops following news of layoffs and declining TurboTax revenue.
•The Citizen Budget Commission revealed that New York's shrinking share of millionaires cost the state $10.7 billion in lost income tax revenue in 2022.
•New York's share of US millionaires fell from 12.7% in 2010 to 8.7% in 2022, the steepest decline of any state.