Reynolds v. Beneficial National Bank,
No. 98-cv-02178 (N.D. Ill.).
Case Overview
| Status: | Status: Pending |
| Court: | Court: Northern District of Illinois |
| Case Number: | Case Number: No. 98-cv-02178 |
| Related Practices: | 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.