Louisiana Settles with H&R Block Regarding Guarantee

The Times-Picayune reports that H&R Block, Inc. has agreed to pay $3.3 million to settle a dispute over whether the company obtained its clients' consent before charging them for an accuracy guarantee. Louisiana was one of 41 states (and the District of Columbia) involved in the dispute. "An additional $1 million will be used to establish a consumer fund to provide refunds to eligible customers who received Block's so-called 'Peace of Mind' guarantee in 2001."

Posted by AJR at April 25, 2003 07:43 AM