NewsMay 28, 2005
Judge tosses H&R Block settlement
KANSAS CITY, Mo. -- A federal judge in Chicago has denied H&R Block Inc.'s proposal to settle a class-action lawsuit over its tax-refund loans for $360 million, the Kansas City-based company said Friday. The judge suggested both sides try again with an independent mediator. The judge rejected a proposed settlement in 2003...The Associated Press
KANSAS CITY, Mo. -- A federal judge in Chicago has denied H&R Block Inc.'s proposal to settle a class-action lawsuit over its tax-refund loans for $360 million, the Kansas City-based company said Friday.
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The judge suggested both sides try again with an independent mediator. The judge rejected a proposed settlement in 2003.
Company spokeswoman Linda McDougall said H&R Block will now prepare for the case going to trial this October.
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