EMV Fraud Liability Shift Litigation
Prelim. Approved$231.7M Settlement Fund
E.D.N.Y. | Case No. 1:17-cv-02738-BMC-JAM
Merchants that incurred unreimbursed EMV chargebacks between October 2015 and September 2017 may qualify for recovery from this $231.7 million settlement.
Who Qualifies
- Any merchant that incurred unreimbursed EMV chargebacks between October 1, 2015 and September 30, 2017
- Businesses that purchased EMV-compliant terminals but experienced certification delays
- Merchants charged back under the Visa, Mastercard, Amex, or Discover fraud liability shift rules
- Grocery stores, liquor stores, convenience stores, restaurants, retail — any POS-based merchant
What SARG Does for You
Filing a settlement claim correctly requires attention to documentation, deadlines, and administrator follow-up. Most businesses either don't know they qualify, miss the deadline, or submit incomplete claims that get rejected. SARG eliminates those risks:
- We monitor the case for final approval and claims opening
- We verify your eligibility once claims open
- We prepare and submit all documentation on your behalf
- We track your claim through distribution
Case Details
- Settlement Fund
- $231.7M
- Status
- Prelim. Approved
- Filing Deadline
- TBD
- Qualifying Period
- October 1, 2015 - September 30, 2017
- Court
- E.D.N.Y.
- Case Number
- 1:17-cv-02738-BMC-JAM
- Industry
- Merchant Fee
- Fee Structure
- Zero upfront cost. Contingency fee only on successful recovery.
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