Determine Your Business' Eligibility for a Share of the $1.1B Settlement Today! 

Discover Merchant Settlement Class Actions
Cases: 1:23-CV-04676 | 14250 | 15297
 

Discover Financial Services to settle card
class actions for $1.2B

Allegations

Litigation alleges Discover Financial Services, along with its subsidiaries, improperly applied higher interchange fees to certain merchant transactions by misclassifying the nature of the credit cards used.

The misclassification allegedly occurred from 2008 onward, resulting in significant overcharges to merchants. 

Eligibility

The proposed class encompasses all merchants who, from 2008 to the present, accepted Discover credit cards and were subjected to interchange fees that exceeded the applicable rates as outlined in Discover’s Interchange Rate Sheet.

The defendants include Discover Financial Services, DFS Services LLC, and Discover Bank.

Action

Please review the Lemmos Pizzeria LLC v. Discover Financial Services et al. 1:23-CV-14250 Podcast Summary directly below. Following your review, schedule your Claim Call using the link provided.

Court documents can be accessed at the bottom of the page under Court Documents.

Maximize your awards without compromising your time.  

Listen to the 10 Minute podcast case summary 

Regarding the Misclassification 

“Discover systematically misclassified certain credit cards used in transactions, resulting in the charging of Interchange Fees that were higher than appropriate and higher than Discover promised and was contractually permitted to assess.”

Class Action Complaint Case: 1:23-cv-14250 Document #: 1 Filed: 08/14/23

On Merchant Overcharges

“As a result of the misconduct alleged above, Discover unjustly received and retained millions of dollars in Interchange Fee overcharges assessed to Plaintiff and the Class.”

Class Action Complaint Case: 1:23-cv-14250 Document #: 1 Filed: 08/14/23

On Discover's Alleged Knowledge of the Issue

“On information and belief, Discover has been aware of this mis-classification issue, and of the resulting overcharges to Plaintiff and the Class, since 2008 or for many years, but made the conscious choice to not fix this issue.”

Class Action Complaint Case: 1:23-cv-14250 Document #: 1 Filed: 08/14/23

Delayed Discovery Doctrine Application

“Plaintiff and the Class did not discover, and could not reasonably have discovered, their causes of action against Discover until, at the earliest, Discover disclosed its misclassification scheme in regulatory filings that became publicly available on July 19, 2023.”

Class Action Complaint Case: 1:23-cv-14250 Document #: 1 Filed: 08/14/23

WHAT'S THE NEXT STEP?

Pro Rata Distribution: Low class participation rates often result in higher payouts
to eligble class members who file complete and timely claims.

Schedule a call with a Class Action Settlement Recovery Specialist to discuss
your organization's claim(s) by clicking the button directly below.

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Pro-Rata Settlement
Tracking and Recovery

DISCLAIMER: You don’t have to use a third party and can always file a claim on your own. If you’re a settlement class member,
you must complete and submit a valid Claim Form in order to receive a payment. You may request a Claim
Form by calling the Settlement Administrator or visiting their website for that particular case.