Tax Preparer H&R Block Sues Block Over Rebrand From Square

Tax Preparer H&R Block Sues Block Over Rebrand From Square
Fintech and digital payments giant Block, Inc. formerly known as Square Inc. is being sued by tax firm H&R Block for trademark infringement.Earlier this month, Square announced that it was changing its name to Block in a move that reflected changes to its business. The step also likely signaled the firm’s significant crypto ambitions.On Thursday, H&R Block said it has filed a lawsuit against Block for the rebrand, arguing that “the goodwill and brand identity that Block has carefully cultivated and nurtured over the last 65 years is under attack by the Silicon Valley fintech company.”The tax firm noted that…