First Data Faces Class Action Over Equipment Insurance Fees

Law360, New York (October 12, 2012, 2:58 PM EDT) -- Payment processing company First Data Corp. was hit with a proposed class action in New York federal court alleging it fraudulently charged extra fees and hidden insurance premiums to merchants who leased its credit-card processing equipment, in violation of insurance statutes.

A group of merchants and small-business owners, including Clayton’s Auto Glass Inc. in Texas and the Linscott Law Firm PLLC in Idaho, brought suit Oct. 5 alleging First Data and its subsidiary First Data Merchant Services leased them credit-card processing terminals and pin pads under...
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Case Information

Case Title

Clayton's Auto Glass, Inc. et al v. First Data Corporation et al


Case Number

1:12-cv-05018

Court

New York Eastern

Nature of Suit

Fraud or Truth-In-Lending

Judge

Joanna Seybert

Date Filed

October 5, 2012

Companies

UK Financial Services

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