Reynolds v. Beneficial National Bank,
No. 98-cv-02178 (N.D. Ill.).  

Case Overview

Status:Pending
Court:Northern District of Illinois
Case Number:No. 98-cv-02178
Related Practices:Consumer Fraud
Co-lead counsel in a class action against H&R Block and HSBC (as successor to Beneficial National Bank) for the benefit of almost two million taxpayers who had obtained Refund Anticipation Loans (“RALs”). The case alleged that H&R Block and Beneficial National Bank made misrepresentations and charged people undisclosed fees on RALs. After years of litigation and appeals, the case resulted in a settlement of $39 million in cash.