The U.S. Federal Court has just approved Visa/MasterCard's $5.7 billion settlement - You are entitled to receive a portion of this settlement fund but you must prepare and file a claim. We simplify the claims process and ensure that you get the money you are entitled to. Simply enroll in our claims recovery program and let us do the heavy lifting. Ready. Set.  Enroll.

Attention Merchants:

The U.S. Federal Court has just approved Visa/MasterCard's $5.7 billion settlement - You are entitled to receive a portion of this settlement fund but you must prepare and file a claim. We simplify the claims process and ensure that you get the money you are entitled to. Simply enroll in our claims recovery program and let us do the heavy lifting. Ready. Set.  Enroll.

If your business accepted Visa or MasterCard transactions between January 1, 2004 and November 28, 2012, you are part of a $6.05 billion dollar class action settlement. The Merchant Source & BatchOUT have retained legal representation for our merchants at no upfront cost and at the time of settlement the law firm will earn a contingency fee basis of 30%.

Frequently Asked Questions

Q.  What is the Visa/MasterCard Class Settlement all about?

In 2005, a Federal class-action lawsuit was brought by an association of Merchants against financial giants Visa and MasterCard. The suit alleged that the two companies engaged in price fixing and anti-competitive trade practices by unfairly inflating credit card “interchange fees”, while unwitting business owners suffered the financial repercussions.    Plaintiffs and Visa/MasterCard entered into settlement negotiations, and in December 2013, the U.S. District Court for the Eastern District of New York granted final approval of a $5.7 billion settlement.

Q.  Do I qualify to receive a settlement payout?

Q.  How do I participate?

 

 

Q.  Do I need to enroll with Lenox? Can I enroll on my own?

 

 

Q.  How much money will I receive?

 

 

Q.  What happens if I do not participate?

 

 

Q.  When can I expect my payout?

 

 

 

Q.  What is my fee to Lenox for providing your services?

 

 

 

Q.  How do I enroll?

 

 

 

Q.  Is there a time limit to enroll?

 

 

 

 

Q.  What information do you need from me?

 

 

 

Q.  I have multiple businesses. Should I enroll each one?

 

 

 

Q.  Who is Lenox Recovery Group?

 

 

Q. I’m ready to enroll.