Legal Investigation: Did AMEX’s Rules Make Your Business Overpay in Swipe Fees? 

Last Updated on July 9, 2024

Investigation Complete

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At A Glance

This Alert Affects:
Merchants who accept American Express and other credit cards.
What’s Going On?
Attorneys working with are gathering small- to medium-sized business owners to take legal action against American Express. They believe American Express’s rules against merchants surcharging customers or “steering” them toward cards with lower fees are illegal and have cost the typical small business owner tens of thousands of dollars.
What Am I Signing Up For, Exactly?
You’re signing up for what’s known as “mass arbitration,” which involves hundreds or thousands of people bringing individual arbitration claims against the same company at the same time and over the same issue. This is different from class action litigation and takes place outside of court.
Does This Cost Anything?
It costs nothing to sign up, and the attorneys will only get paid if they win your claim.
How Much Could I Get?
While there are no guarantees, attorneys working with believe merchants could be owed anywhere between $10,000 and $70,000 depending on the specifics of their business.