A Texas judge approved a settlement Tuesday that could cost H&R Block Inc. as much as $262 million, ending one of several class action lawsuits filed against the tax-preparation firm over its "refund anticipation" loans. The suit charged that Kansas City, Mo.-based Block misled its clients when it did not disclose the true costs of the short-term loans, offered to customers awaiting income tax refunds.
June 26, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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