H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
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H&R Block has agreed to a $7 million settlement with the FTC over allegations of deceptive claims regarding 'free' tax filing services. The settlement includes changes to some of H&R Block's business practices.

November 12, 2024 | 9:15 pm
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H&R Block will pay $7 million to settle an FTC lawsuit alleging deceptive claims about 'free' tax filing services. The company will also change some of its practices.
The settlement involves a financial penalty and requires H&R Block to alter its business practices, which could impact its reputation and operational costs. This is likely to have a negative short-term impact on the stock price.
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IMPORTANCE 80
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