H&R; Block to Fight Refund Loan Case

H&R; Block Inc. expects to fight lawsuits over its tax-refund loans in about six states after a federal judge threw out a national settlement, Chief Executive Mark Ernst said.

A U.S. district judge in Illinois ruled against a $25-million settlement last month on concerns that lawyers weren’t properly representing H&R; Block customers, who claim they were charged exorbitant interest rates.