H&R Block Inc. hopes that it will be able to put at least one refund anticipation loan lawsuit in its past.
The tax prep giant has tentatively agreed to settle a longstanding class-action lawsuit over its RAL business for $39 million. The company said that it will split the cost equally with Beneficial National Bank, which put up the money for the loans, made between April 8, 1994, and Dec. 31, 1996. About $30 million of the settlement will be distributed to the class members
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