Merchant

Federal Judge Greenlights Class Action Against American Express Over Alleged Excessive Merchant Fees

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PROVIDENCE, R.I. — A federal court in Rhode Island has allowed a group of small business owners to proceed with a class action lawsuit against American Express. The merchants accuse the financial services corporation of imposing excessive transaction fees and allege that these practices violate U.S. antitrust laws aimed at ensuring fair competition. The ruling, issued by U.S. District Judge Mary McElroy, comes as a significant setback for American Express, which had sought to have the claims addressed individually rather than collectively. The decision underscores a critical moment for the plaintiffs, comprising ten small businesses, … Read more

Discover Financial Proposes $1.2 Billion Settlement Over Merchant Overcharge Claims Amid Major Acquisition Moves

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CHICAGO — Discover Financial Services is reportedly in the process of settling a class-action lawsuit that accuses the firm of excessively charging merchants. This action was publicly disclosed through a filing with the Securities and Exchange Commission on Wednesday, detailing that as of March 31, 2024, Discover has allocated $1.2 billion for refunds due to the misclassification of certain card products. The company has confirmed that this amount should cover all necessary payments under the proposed settlement. Previously, during a July earnings call, the financial services company admitted to incorrectly categorizing some card accounts into … Read more

Georgia Criminal Defense Attorney Ashleigh Merchant Takes Center Stage in Case Against Former President Trump

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Atlanta, Georgia – In a high-stakes hearing that could upend the sprawling election meddling and racketeering case against former President Donald Trump and 18 other defendants, Ashleigh Merchant, a Georgia criminal defense lawyer, will take center stage on Thursday. Known as a “badass” attorney who also runs marathons in her spare time, Merchant filed a bombshell motion in January on behalf of her client, GOP political operative Mike Roman, alleging an “improper” relationship between Fulton County District Attorney Fani Willis and a special prosecutor she appointed. Merchant argues that this alleged conflict of interest should … Read more

Fulton County District Attorney’s Affair Exposed: Who is Ashleigh Merchant?

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Atlanta, Georgia – Fulton County District Attorney Fani Willis has addressed allegations surrounding her personal relationship with special prosecutor Nathan Wade. In a recent legal filing, Willis confirmed the affair but emphasized that it had no impact on her oversight of the case involving former President Trump and his associates. The filing included a photo of Ashleigh Merchant, the lawyer who revealed the affair, and referenced Merchant’s previous supportive comments about Wade. Merchant swiftly responded with her own filing, raising questions about the nature of Willis’ relationship with Wade. She raised doubts about Willis’ denial … Read more