Bloomberg Tax
Dec. 16, 2021, 12:39 PM

H&R Block Files Suit Against Block, Formerly Known as Square

Ilya Banares
Ilya Banares
Bloomberg News

H&R Block, a tax preparation and financial services company, said it has filed a lawsuit against Block Inc., formerly known as Square Inc., saying it is seeking “to confuse customers by misappropriating the Block brand name.”

  • “The goodwill and brand identity that Block has carefully cultivated and nurtured over the last 65 years is under attack by the Silicon Valley fintech company,” H&R Block said in a statement
    • “The newly named Block, Inc. competes directly with Block in several areas of financial services, including tax preparation through its recent purchase of Credit Karma Tax, now called Cash App ...

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