H&R Block IRA Fraud News

Second Lawsuit Against H&R Block For IRA Fraud

At a glance:

A Florida lawyer has filed a class action suit against H&R Block in US District court in Kansas City.
 
This suit is similar to that filed by NY Attorney General Eliot Spitzer, but is a separate action.
 
The allegation is that the IRA accounts were marketed fraudulently, misrepresenting the potential gain for clients, most of whom acutally lost money due to fee structures and tax implications which were not disclosed.


Fla. Man Accuses H&R Block of Fraud in IRA Sales

New York Law Journal - 3/18/2006 3:14 AM

A Florida lawyer has filed a class action suit against H&R Block in US District court in Kansas City.
 
This suit is similar to that filed by NY Attorney General Eliot Spitzer, but is a separate action.
 
The allegation is that the IRA accounts were marketed fraudulently, misrepresenting the potential gain for clients, most of whom acutally lost money due to fee structures and tax implications which wer

 
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