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Posts Tagged ‘Reuters’

H&R Block settle IRA lawsuit in NY

Jan 12, 2010 Federal Tax Return

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A shameless “cut and paste” directly from Reuters News:
NEW YORK (Reuters) – H&R Block Inc will pay as much as $20.2 million to settle a New York lawsuit accusing it of fraudulently marketing retirement accounts that caused hundreds of thousands of mostly lower-income clients to lose money. New York Attorney General Andrew Cuomo said the accord calls for the largest U.S. tax preparer to refund $11.4 million to $19.4 million of fees to customers nationwide who opened one of its Express IRAs, a type of individual retirement account.

This is a preview of H&R Block settle IRA lawsuit in NY. Read the full post (219 words, 2 images, estimated 53 secs reading time)

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