Recs

0

H&R Block Continues Lawsuit Against Intuit Over Commercials

The U.S. District Court of Western Missouri will not grant a preliminary injunction barring Intuit (NASDAQ: INTU  ) from continuing to run TurboTax commercials that H&R Block (NYSE: HRB  ) says misuse the H&R Block brand and unfairly disparage H&R Block tax professionals.

H&R Block announced the court's decision this week.

H&R Block brought the suit against Intuit based on what it alleges is the "unlawful misuse of the H&R Block brand and trademark." At issue is Intuit's assertion that H&R Block employs individuals with little to no tax preparation experience.

H&R Block filed the lawsuit Jan. 23, alleging Intuit, the maker of TurboTax software, aired commercials that were, "based on a campaign that allegedly includes false and misleading advertising, unfair competition and infringement of its legally protected trademarks in TurboTax television commercials."

In response to the court's ruling, Dan Maurer, general manager and senior vice president of Intuit's consumer tax group, was quoted by Intuit as saying, "For the second time, the court has rejected H&R Block's attempts to pull advertisements that make clear to taxpayers that TurboTax hires only CPAs, Enrolled Agents and tax attorneys to assist Americans as they prepare their own tax returns."

H&R Block says it will continue to pursue the lawsuit in court.

More Expert Advice from The Motley Fool
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 2313182, ~/Articles/ArticleHandler.aspx, 5/20/2013 4:21:08 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 15,335.28 -19.12 -0.12%
S&P 500 1,666.29 -1.18 -0.07%
NASD 3,496.43 -2.54 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/20/2013 4:00 PM
INTU $59.64 Down -0.99 -1.63%
Intuit CAPS Rating: *****
HRB $29.61 Down -0.03 -0.10%
H&R Block, Inc. CAPS Rating: **

Advertisement