H&R Block Inc. and Household International Inc. Settlement

May 10 2005

Multiple class action lawsuits were filed on behalf of 28 million customers regarding the companies' handling of refund anticipation loans. H&R Block and Household have agreed to provide $250 million worth of rebate coupons and pay a $110 million cash settlement. (May-10-05) [KANSAS CITY BUSINESS JOURNAL]

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