Missouri CBD retailer MNG 2005 is cheering a judge’s order keeping its legal fight alive against credit-card giant Visa as it wages a battle to access payment-processing services. Reports MJ Biz
U.S. District Judge John Ross ruled this week that MNG can pursue defamation claims against Visa for allegedly saying that the CBD company was “engaged in illegal activities” when it stopped processing its payments.
Ross also kept alive MNG’s claim for some $66,000 withheld by Paymentech, a subsidiary of JPMorgan Chase Bank, “based on an improper determination that (MNG) was engaged in illegal sales.”
However, the judge threw out most of MNG’s claims, including antitrust violations.