The Settlement provides approximately $5.7 billion in monetary relief, as well as injunctive relief. Approximately 25% of merchants opted out of the Settlement and dozens of entities have appealed the Court’s Final Approval Order to the Second Circuit. The claims process will not begin until all appeals have been resolved. Hausfeld lawyers have been advising clients regarding this historic settlement.
Information about the Settlement is available at https://www.paymentcardsettlement.com/en