Class counsel representing plaintiffs in a long-standing multidistrict litigation (MDL) against Visa and Mastercard have advocated for sanctions against Milberg Coleman Bryson Phillips Grossman LLC. The litigation revolves around allegations that Visa and Mastercard imposed improper merchant fees. The call for sanctions follows the firm’s admission of mistakenly registering fraudulent clients. For more detailed information, including the arguments presented for fee reimbursement, you can read the coverage here.
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