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Bailey v. Mercury Financial, LLC
Case Number:
8:23-cv-00827
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 19, 2025
Judge OKs $5.75M Subprime Credit Card Deal, Cuts Atty Fees
A Maryland federal judge has given the final sign-off on a $5.75 million settlement in a class action alleging subprime credit card company Mercury Financial did business without a license, though the judge reduced the requested attorney fee award for class counsel from 33% of the settlement fund to 25%.
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May 24, 2024
4th Circ. Urged To Keep Suit Against Credit Co. In Fed. Court
A Maryland credit card customer pressed the Fourth Circuit to affirm a district court's decision to keep in federal court a proposed class action alleging subprime credit card company Mercury Financial did business without a license, arguing arbitration cannot be fairly enforced, and that Mercury is trying to raise new arguments on appeal.
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September 27, 2023
Subprime Credit Card Co. Can't Boot Class Suit To Arbitration
Subprime credit card company Mercury Financial LLC can't force a cardholder's proposed class action over its allegedly unlicensed operation in Maryland into arbitration, a federal judge has determined.