NOTE: Filling out this form to request a contract from Brownstone does not mean your claim filing is complete! Once you fill out this form, you will receive a welcome kit, including a contract from Brownstone saying that you agree to have us represent you. As soon as you sign that contract, you have the Brownstone superpowers on your team. We go to work immediately to get you the fair payout you deserve.
Class Action Settlement Recovery
A court case was recently settled between a group of merchants, on one hand, and Visa, MasterCard, and issuing banks, on the other hand, about unfair business practices related to interchange fees. If you accepted Visa or MasterCard between January 1, 2004, and November 28, 2012, you are part of a $7 billion dollar settlement. But, you have to register to be included. MerchantService.com and Brownstone Recovery Group are here to help.
Interchange is the fee collected by banks every time a merchant accepts payment from a customer using a card. We don't have to tell you how high the fees have gone. Finally, merchants cried FOUL. The lack of competition meant steadily rising fees and no alternatives. In October 2012, both parties agreed to settle for more than $7 billion dollars.
CLAIM FORMS ARE NOT YET AVAILABLE FROM THE CLASS ADMINISTRATOR. WHEN CLAIM FORMS DO BECOME AVAILABLE, CLASS MEMBERS ARE NOT REQUIRED TO SIGN UP WITH ANY THIRD-PARTY SERVICE IN ORDER TO PARTICIPATE IN THE MONETARY RELIEF, BUT MAY INSTEAD FILE THEIR CLAIM DIRECTLY WITH THE CLASS ADMINISTRATOR. THE CLAIM FORM WILL INFORM MOST CLASS MEMBERS OF THEIR ACTUAL OR ESTIMATED INTERCHANGE FEES ON WHICH IT IS PROPOSED THEIR CLAIMS WILL BE PAID. YOU MAY ACCEPT OR DISPUTE THIS ESTIMATE WITH THE OPPORTUNITY TO SUBMIT ADDITIONAL INFORMATION. NO-COST ASSISTANCE WILL BE AVAILABLE FROM THE CLASS ADMINISTRATOR AND CLASS COUNSEL DURING THE CLAIMS-FILING PERIOD. FOR ADDITIONAL INFORMATION, CLASS MEMBERS MAY VISIT www.paymentcardsettlement.com, THE COURT-APPROVED WEBSITE FOR THIS CASE.