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H&R Block Sues Block for Trademark Infringement
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blockchain.newsBlock Inc, previously called Square Inc, was sued by tax preparation company H&R Block Inc for trademark infringement.
H&R Block said in a press release that the fintech company “would improperly capitalize on the goodwill and consumer trust cultivated by Block since 1955”.
H&R Block is seeking a court order barring Block from using the name or green square logo.
According to H&R Block, the similarity in names would be overly confusing for consumers, especially given the two companies’ overlapping offerings.
H&R Block also stated that the company formerly known as Square, competes with it directly in financial services, including through its recent acquisition of Credit Karma Tax for tax preparation.
“Today’s filing is an important effort
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