Tax preparation company H&R Block Inc on Thursday sued payment company Block Inc, previously called Square Inc, saying the new name infringed its trademarks.
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H&R Block sues Block, formerly Square, over new name
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In a complaint filed in Kansas City, Missouri, federal court, however, H&R Block accused the company of "stealing Block's name in order to co-opt the reputation and goodwill that Block has earned through decades of hard work." Block did not immediately respond to a request for comment. H&R Block said consumers were likely to be confused by the similar name, noting that it has referred to itself simply as "Block" in some advertisements since 2015.
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