H&R; Block to Fight Refund Loan Case
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From Bloomberg News
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.
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