Short seller Bear Cave sees Intuit suffering after 'predatory behavior' - InvestingChannel

Short seller Bear Cave sees Intuit suffering after ‘predatory behavior’

Edwin Dorsey wrote in a post to his Bear Cave blog titled “Problems at Intuit”: “Intuit is a financial software company that targets individuals and small businesses with a suite of products including TurboTax, QuickBooks, Credit Karma, and Mailchimp. The Bear Cave believes Intuit owns a collection of second-tier assets that have systematically taken advantage of customers and gone to the edge of the law. Now, with goodwill across the Intuit ecosystem stretched thin, the company may suffer the consequences of years of predatory behavior… Intuit’s aggressive and allegedly illegal practices also extend to its crown jewel, TurboTax.” The remainder of the short seller’s post on Intuit is available to paid subscribers.

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