Court Dismisses Spitzer’s Suit Against H&R Block

Law360, New York (December 8, 2006, 12:00 AM EST) -- A New York Supreme Court judge has tossed New York State Attorney General Eliot Spitzer’s much-publicized case against tax preparation company H&R Block Inc., ruling that since the company does not have a presence in the state, Spitzer does not have jurisdiction.

Spitzer filed the case in March, accusing the company of fraudulent business practices related to its sales of IRA accounts.

But Judge Karla Moskowitz found that although H&R Block’s financial unit works with New York banks, Spitzer had not presented any evidence of wrongdoing...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.