A federal judge in Trenton has granted preliminary approval to a $2.5 million settlement in a class action claiming that Princeton-based Heartland Payment Systems charged its customers unauthorized fees to process American Express transactions.
The suit was prompted by a $255 fee that Heartland charged in 2014 to the owners of Jacala Mexican Restaurant in San Antonio, the lead plaintiff, that was termed an “American Express Fee Adjustment.” Approximately 80,000 merchants were charged similar fee adjustments by Heartland, and total revenue from the disputed fee increase was more than $7 million, discovery in the case revealed.
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