FICO Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Fair Isaac Corporation (FICO)
NEW YORK CITY, NY / ACCESS Newswire / October 5, 2026 /Fair Isaac Corporation (NYSE:FICO) shares fell upwards of 20% in premarket trading. The drop followed an announcement by the Federal Housing Finance Agency (FHFA) that it would simplify mortgage pricing and could allow a competing credit score into mortgage underwriting, and an announcement from Rocket Mortgage that it would shift to VantageScore 4.0 as its preferred credit scoring model for all loans. If you bought FICO shares and are now facing losses, act now: investors who suffered losses are encouraged to submit your FICO loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
The FHFA regulates Fannie Mae and Freddie Mac. FICO filed its Form 10-Q on July 29, 2026. In that filing, the Company stated that its increase in business-to-business scores revenue "was primarily attributable to a higher mortgage origination scores unit price." On the same day, FICO announced it was raising its full-year guidance.
News coverage reported the FHFA move as expanding access for alternative mortgage-scoring models. Earlier coverage had already flagged concerns about growing competition in mortgage scoring. Levi & Korsinsky is investigating potential securities law violations on behalf of FICO investors in connection with the Company 's exposure to this regulatory risk.
Shareholders who lost money on FICO may request a free review of their losses or call Joseph E. Levi, Esq. at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report.
Frequently Asked Questions About the FICO Investigation
Q: Who is conducting the FICO investigation?
A: Levi & Korsinsky, LLP is investigating potential securities law claims on behalf of investors who purchased FICO securities. The firm is nationally recognized, has been ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the FICO investigation?
A: Investors who purchased FICO stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: How much did FICO stock drop?
A: FICO shares more than 20% in premarket trading. The decline came after the FHFA announced it would simplify mortgage pricing and could allow a competing credit score into mortgage underwriting. It also followed Rocket Mortgage 's announcement that it would shift to VantageScore 4.0 as its default credit scoring model following months of testing. Investors who purchased shares and suffered losses may be eligible to seek recovery.
Q: What do FICO investors need to do right now?
A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?
A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any later sale dates and prices.
Q: What if I already sold my FICO shares -- can I still recover losses?
A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought FICO and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?
A: There is no upfront cost to submit your information and review whether you may be eligible to recover. If you choose to participate in any resulting action, these matters are generally handled on a contingency basis. Any attorneys ' fees and expenses are subject to court approval.
Q: Do I need to go to court or give testimony?
A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE:Levi & Korsinsky, LLP
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