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Tag Archives: H&R Block

H&R Block repurchase liability could be $12B

A lawyer representing mortgage-securities investors said they will send letters to a servicer and four bond trustees asking them to seek repurchases of loans made by H&R Block Inc.’s Option One Mortgage Corp.

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H&R Block class action settles for up to $19.4 million

Multidistrict litigation out of Missouri helped land a multimillion-dollar settlement with H&R Block over its marketing practices of allegedly fee-ridden retirement accounts. New York Attorney General Andrew Cuomo this week announced the settlement, which requires H&R Block to refund fees ...

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Part of class action reinstated by court

A federal appeals court has reinstated part of a class action shareholders lawsuit against Kansas City-based tax preparer H&R Block. The lawsuit was consolidated from nine separate class actions filed against the company in state and federal court. The lawsuits came after the company in 2005 and again in 2006 restated several years' worth of earnings. The company was also sued by California authorities over its loan refund program, and by New York over the marketing of its Express Individual Retirement Account program.

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Kansas City Newsmakers, Sept. 7, 2009

Collaborative Law Institute elects O’Donnell president The Collaborative Law Institute of Missouri recently elected Hugh O’Donnell III president. O’Donnell has been in private practice in Kansas City for more than 20 years. His practice consists of mediation and collaborative law, ...

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H&R Block hires new general counsel

H&R Block Inc. named Brian Woram general counsel almost two years after the tax company’s previous general counsel exited. Woram, the chief legal and compliance officer for Dallas-based homebuilder Centex Corp., will start work at H&R Block Sept. 14, the ...

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N.Y. can sue H&R Block on behalf of nonresidents

H&R Block must defend against claims by New York that it deceptively marketed retirement accounts to both residents and nonresidents, an appeals court ruled. New York’s Appellate Division in Manhattan, in a decision made public Tuesday, upheld a lower-court decision, ...

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