Quantcast

NORTHERN CALIFORNIA RECORD

Thursday, March 28, 2024

Grocers file suit against credit card companies over chargebacks

Shutterstock 232709944

SAN FRANCISCO — Two Miami-Dade County retail grocery stories are suing major credit card companies and banks over allegations of unjust enrichment.

B&R Supermarket Inc., doing business as Milam's Market, and Grove Liquors LLC filed a class-action lawsuit on March 8 in the U.S. District Court for the Northern District of California, San Francisco Division against Visa Inc., Visa USA Inc., Mastercard International Inc., American Express Co., Discover Financial Services, et al., citing violation of the Sherman Antitrust Act and unjust enrichment.

According to the complaint, the plaintiffs allege the defendants conspired to shift liability transactions from credit and charge cards from banks to merchants in 2015. The plaintiffs allege that they suffered damages to their businesses since they are now responsible for paying chargebacks.

The plaintiffs seek the following: compensation for all damages, all legal fees, order the defendants to restrain from committing such violations in the future, and any other relief as the court deems just and proper. They are represented by Patrick J. Coughlin, David W. Mitchell, Alexandra S. Bernay and Carmen A. Medici of Robbins Geller Rudman & Dowd LLP in San Diego and John W. Devine, Lawrence D. Goodman and Robert J. Kuntz Jr. of Devine Goodman Rasco & Watts-Fitzgerald LLP in Coral Gables, Florida.

U.S. District Court for the Northern District of California, San Francisco Division Case number 3:16-cv-01150

More News