Welcome to the Informational Website for the Mercury Payment Systems Settlement
A settlement has been reached in a class action lawsuit brought by merchants against Mercury Payment Systems, LLC (now known as Vantiv Integrated Payments, LLC) (“Mercury”) and Global Payments Direct, Inc. (“Global”) (collectively “Defendants”). The lawsuit, referred to as Champs Sports Bar & Grill Co., et al. v. Mercury Payment Systems, LLC and Global Payments Direct, Inc., Case No. 1:16-CV-00012-MHC (N.D. Ga.), alleged Defendants overcharged for processing payment card transactions by marking up items on merchants’ monthly invoices that were to be passed through at cost and by adding unauthorized fees. Defendants denied they overcharged merchants.
Those included in the Settlement have received a credit or cash payment from the Settlement Fund, which was $52,000,000. The amount of the payments was based on the number of valid claims, administrative costs, and any Incentive Award and attorneys’ fees and expenses approved by the Court.
Current Customers had the option to receive a cash payment or a credit of twice that amount to be applied toward the purchase of specified products and services sold by Mercury. Those products and services are:
If you are a Current Customer, you automatically received a cash payment via electronic funds transfer unless you affirmatively decided to take the Credit Option. The estimated amount of your cash payment was shown on the email or postcard sent to you about the settlement. The deadline to choose the Credit Option was October 13, 2017.
Former Customers who filed a valid and timely claim were eligible to receive a cash payment. If you are a Former Customer, the amount of the payment you were eligible to receive was shown on the postcard or email sent to you about the settlement. The deadline for filing your claim was October 13, 2017.
Your legal rights are affected whether you act or don’t act. Read this website carefully.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
If you are a Current Customer, you will automatically receive a cash payment and forfeit your right to sue Defendants for the claims being resolved by this Settlement.
If you are a Former Customer, you will receive no compensation and forfeit your right to sue Defendants for the claims being resolved by this Settlement.
|ACCEPT THE BENEFITS OF THE SETTLEMENT||
If you are a Current Customer, you may choose to accept, instead of a cash payment, a credit of twice the cash payment to be applied to the following specified products and services offered by Mercury: StoreCard, OmniShield Assure, Fast Access Funding, Vantiv BizShield, and Vantiv Insights. To choose the credit, you must follow the instructions here.
If you are a Former Customer, you must file a Claim Form to be eligible for a cash payment. This is the only way to receive compensation from the Settlement if you are a Former Customer. You may complete the Claim Form here.
|OPT OUT OF THE SETTLEMENT||
If you ask to be excluded, you will not receive any benefits from the Settlement, but you may be able to file your own lawsuit against Defendants for the same claims.
|OBJECT||You may remain in the case and file an objection telling the Court why you do not like the Settlement. If your objections are overruled, you will be bound by the Settlement.|
NOTE: This website provides a summary of the Settlement and is provided for informational purposes only. In the event of any discrepancy between the text of this website and the original text upon which it is based, the text of the original document shall prevail.
Questions? Contact the Settlement Administrator at 1-888-733-0353 or email@example.com .