H&R Block Issues Statement Regarding Pending Lawsuit

H&R Block HRB confirmed that while its lawsuit is pending with its RAL provider, the parties have been engaged in discussions in an attempt to settle the litigation to confirm the availability of settlement products. The company did not disclose any details of the discussions, which are confidential, and there is no assurance that any settlement can be reached. In the meantime, the company is continuing to prepare to vigorously pursue its claims at the hearing scheduled for next Monday, November 15.