LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation on behalf of Fair Isaac Corporation ("Fair Isaac" or "the Company") (NYSE: FICO) investors concerning the Company and its officers’ possible violations of federal securities laws.
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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.
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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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