FTC Pursues H&R Block for Deceptive Advertising and Data Handling

FTC's Target: H&R Block

Following the recent Intuit ruling, the Federal Trade Commission (FTC) has turned its attention to H&R Block, a major player in the tax preparation industry. The FTC alleges that H&R Block engaged in deceptive advertising practices and unfairly deleted users' tax information.

Accusations and Consequences

• Deceptive Advertising: The FTC claims that H&R Block misled consumers through its marketing strategies.
• Data Handling Concerns: Users' tax data was allegedly removed without proper consent or transparency.

This development underscores the significance of regulatory oversight in the financial services sector and the increasing emphasis on protecting consumer rights.