Class Action Lawsuit Filed by Webb, Klase & Lemond, LLC Against Priority Payment Systems and Priority Technology Holdings Alleging Fraud and Overbilling | State
ATLANTA, November 23, 2021 / PRNewswire-PRWeb / – Atlanta-Webb, Klase & Lemond, LLC law firm has filed a statewide class action lawsuit against payment processing giants Priority Payment Systems, LLC and Priority Technology Holdings, Inc. (collectively, “Priority”). Priority handles credit and debit card processing for over 200,000 customers in The United States. The lawsuit alleges that Priority has a systematic policy of registering customers on false pretenses and then charging them for amounts not listed in their contract or fee schedule.
The class action alleges that Priority uses a network of independent sales representatives to attract customers. The lawsuit alleges that such sales agents include Wholesale Payments, Cynergy Data, Simplify Commerce, Priority Commercial Payments, and many local independent sales offices called Priority Payments such as Priority Payments of North Atlanta, Priority Payment Systems Gulf Coast, Priority Payments Local, Priority Payments Global and Priority Payments of Texas. It is alleged that these sales representatives and hundreds of other customers sign up for Priority using Priority’s form contract. As a result, customers may not even realize they have a contract – not with the distributor – but with Priority and Wells Fargo Bank, NA
In the lawsuit, plaintiffs allege that Priority ran a nationwide “bait and swap program” by luring merchants with false promises, such as technological capabilities that Priority did not provide, or low tariffs and fees. The lawsuit alleges that Priority will then charge customers excessive fees even if they can never use their accounts. In addition, as alleged in the class action lawsuit, if traders find they have been overcharged and attempt to exit Priority, they are often informed that they will have to pay a fee of several hundred dollars. The class action complaint describes hundreds of similar complaints from customers across the country.
The legal claims mentioned in the class action relate to fraudulent incitement, breach of contract and unjust enrichment. The plaintiffs also expressly assert that Priority violated the covenant of good faith and fair trade. The plaintiffs are demanding the reimbursement of all improperly paid fees that they have paid priority, the cancellation of fraudulent contracts, and declaratory and injunctive relief claims.
The case, styled Braids R Us 305, and al. v. Priority Technology Holdings, Inc., et al., Is in the Superior Court of. pending Cobb County, Georgia and received case number 2021-0151551-CV.
If you would like to discuss this class action lawsuit or have questions about this press release, please contact Webb, Klase & Lemond, LLC at (770) 444-9325 or contact@WebbLLC.com. You can also visit the company’s website at http://www.WebbLLC.com.
SOURCE Webb, Klase & Lemond, LLC