KANSAS CITY, MO. (TheStreet) -- H&R Block shares surged 5% on Thursday after the tax services provider said that it was in discussions to come to a settlement with HSBC over continuing to offer refund anticipation loans. H&R Block said that while its lawsuit is pending with its refund anticipation loan provider, the parties have been "engaged in discussions in an attempt to settle the litigation to confirm the availability of settlement products," according to a company statement. H&R Block did not disclose details of the discussions, claiming confidentiality.