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Class Decertified in Suit Against H&R Block Inc.
A Philadelphia judge has decertified a class of consumers that accused H&R Block, the national tax preparation company, of misrepresenting its "Rapid Refund" program. The judge found the class could no longer stand because a fact finder must determine whether each individual member trusted the company's expertise entirely when the individual member opted for a cash advance on his or her federal tax refund through the program.We knew the Justice Department had been using the False Claims Act and piggybacking on whistleblower suits to go after big players in the mortgage crisis. Now we have a better idea of the extent of the campaign, thanks to the documents that the DOJ filed Monday in connection with last month's $25 billion foreclosure settlement.
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