What will happen in the H&R Block vs FTC situation?
Basic
6
Ṁ94Jan 7
84%
H&R Block forced to stop using "free" in their advertising
66%
H&R Block stock performance effected
51%
H&R Block fires anyone or people quit
50%
H&R Block appeals something that gets upheld
50%
H&R Block offers a public apology
50%
H&R Block admits wrong doing
50%
H&R Block proves data deletion was accident or system glitch
49%
Donald Trump comments on the situation or tax prep firms in general
34%
FTC refuses settlement
H&R Block faces scrutiny for alleged deceptive practices regarding free tax filings. The Federal Trade Commission (FTC) has filed a complaint, accusing the company of misleading advertising and intentionally deleting customer tax data as a sales tactic when customers attempted to opt for a less expensive filing option - the FTC claims this was no system glitch. As the FTC initiates legal action what will happen? Financial penalties? Policy adjustments? Negative stock performance? Will Donald Trump comment on the situation?
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