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CBD Chain Can Sue Visa for “Terrorizing” its business: Judge

cbd chain can sue visa

By Willis Jacobson
11/12/2020 09:05 PM GMT-0700
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The owner of a Missouri-based CBD chain expressed relief this week after a federal judge ruled he could continue pursuing unjust enrichment and defamation claims against Visa, which he has accused of “terrorizing” his business. Among other claims, he says the credit card giant arbitrarily placed him on a transaction blacklist.

David Palatnik, the owner of MNG 2005 Inc., initially filed the suit two years ago against Visa, along with JPMorgan Chase, its subsidiary Paymentech LLC, and G2 Web Services. The suit alleges that Visa withheld $66,000 in payments, fined MNG $25,000, and cut . . .

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