$84M Class Settlement In Card Pay Scheme Case Granted Final Approval

Mealey's (August 26, 2022, 8:25 AM EDT) -- OMAHA, Neb. — A federal judge in Nebraska on Aug. 17 granted final approval of a class settlement of up to $84 million in a complaint by merchants that contracted with Central Payment Co. LLC (CPAY) to process card payments and alleged that they were subjected to a “fraudulent scheme” to deceive them into paying excessive fees....

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