Panel Tells H&R Block To Fork Over $4M To Exec

Law360, New York (February 26, 2008, 12:00 AM EST) -- H&R Block Inc. and its financial services unit have been ordered to pay nearly $4 million to a former executive who has accused the company of improperly denying him contractual compensation and severance benefits.

An arbitration panel with the Financial Industry Regulatory Authority ordered the tax preparer to pay $3.96 million in damages to Thomas Fitzgerald, former vice president and chief operating officer with H&R Block Financial Advisors, Fitzgerald's attorney announced Tuesday.

The awarded included $3.01 million in compensatory damages, $466,565 in interest and $481,910 in...
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