H&R Block, Liberty Will Battle Separate Tax Loan Suits

Law360, New York (April 16, 2012, 7:36 PM EDT) -- A federal judicial panel refused Monday to force H&R Block Inc. and Liberty Tax Services, which are both accused of aggressively marketing high-interest loans to minorities and poor people, to serve as co-defendants in a single multidistrict litigation in Illinois.

Instead, the U.S. Judicial Panel on Multidistrict Litigation created two separate multidistrict litigations in Illinois federal court over the practice, one for H&R Block and one for Liberty. The actions will both be heard by U.S. District Judge Joan B. Gottschall.

H&R Block and JTX Tax...
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