Attorneys James C. Huber and Christopher R. Dryden are leading a lawsuit filed by Peter Voutsas and Peter Marco, LLC, against Bank of America, NA, First Data Merchant Services, LLC, and Banc of America Merchant Services, LLC.
SOLANA BEACH, Calif.–(BUSINESS WIRE)–About the case. On February 2, 2022, Peter Voutsas and Peter Marco, LLC, (“Plaintiffs”) sued Bank of America, NA, First Data Merchant Services, LLC and Banc of America Merchant Services, LLC, (“Defendants”) in connection with the Beverly Hills Courthouse case. The 28-page complaint alleges, among other causes of action, fraud, willful breach of the Merchant Processing Agreement, gross negligence, and violations of California’s business and professional codes.
The complaint, authored by global partners James Huber and Christopher Dryden, further details how defendants assessed unreasonable charges of nearly $100,000.00 and held over $300,000.00 in funds owed to Peter Marco, LLC, without any justification.
Although plaintiffs were defrauded, defendants terminated credit card processing services, causing serious harm to plaintiff’s business and livelihood. The bad faith actions of the defendant caused damages to the plaintiff in the amount of at least $8,000,000.00.
The lawsuit details numerous breaches that the defendants failed in their duty of care. Instead of protecting the merchant from the fraudulent charges, the defendants punished the victim of the fraud, Peter Voutsas.
About Global Legal Law Firm. Based in Southern California, Global Legal has specialized in electronic payments litigation, both locally and nationwide, since 2008. Global’s skilled attorneys have established themselves as experts in complex litigation , representing ISOs, agents, merchants, processors, card brands and assisting merchants. get out of the MATCH list and win their reserve fund disputes. Global Legal Law Firm: Lawyers expert in payments.
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James C. Huber, Esquire