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Press release from Business Wire

The Securities Arbitration Law Firm of Klayman & Toskes Launches an Investigation on Behalf of H&R Block Shareholders Who Held Concentrated Positions in H&R Block With Full-Service Wall Street Brokerage Firms

Wednesday, May 25, 2011

The Securities Arbitration Law Firm of Klayman & Toskes Launches an Investigation on Behalf of H&R Block Shareholders Who Held Concentrated Positions in H&R Block With Full-Service Wall Street Brokerage Firms12:05 EDT Wednesday, May 25, 2011 NEW YORK (Business Wire) -- The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.nasd-law.com, announced today that it is investigating potential claims on behalf of H&R Block, Inc. (NYSE: HRB) shareholders who held concentrated positions in H&R Block stock with full-service Wall Street brokerage firms. For the year 2010, H&R Block declined 43% ending the year at $11.91 per share. As a result, many H&R Block shareholders who held concentrated positions in H&R Block sustained substantial losses. Unfortunately, many H&R Block shareholders who held concentrated positions in H&R Block stock were never advised by their full-service brokerage firms of the risks associated with owning a concentrated account. Investors who held concentrated positions on margin faced even greater risks. Additionally, despite having a duty to do so, many firms failed to explain how the use of risk management strategies, like a zero-cost collar, protective put options, stop loss orders and/or an exchange fund, could have been utilized to protect the concentrated H&R Block stock positions. H&R Block shareholders who sustained investment losses as a result of holding a concentrated position in H&R Block can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms. If you wish to discuss this announcement or have investment losses of $100,000 or more in H&R Block stock, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956 or visit us on the web at http://www.nasd-law.com. Klayman & Toskes, P.A.Steven D. Toskes, EsquireJahan K. Manasseh, Esquire888-997-9956