Champs’ $52M Deal With Processor Ripped By Class Member

Law360, New York (August 15, 2017, 8:18 PM EDT) -- A member of a class of restaurants and retailers objected Monday to a $52 million cash settlement to end claims brought against Mercury Payment Systems LLC by lead plaintiff Champs Sports Bar & Grill alleging Mercury charged bogus fees, telling a Georgia federal judge that not enough work was done to ensure a fair deal.

Objector Aaron Webster told the court that the co-lead counsel in the case have not demonstrated that the proposed settlement is fair or in the best interest of the class members,...
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