Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, September 7, 2007

Breeden's Candidates Elected to H&R Block Board

Shareholders of H&R Block elected Richard C. Breeden and two of his candidates to the board.  Breeden, former SEC Chair and current activist hedge fund manager, wants the company to return to its core tax preparation business and has criticized management for not getting out of the subprime mortgage business sooner.  NYTimes, Critic of H&R Block‚Äôs Performance Is Elected to Board; WSJ, H&R Block Holders Vote To Install Breeden Picks.

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