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January 23, 2018 | Holli Targan

The Third Stark Lesson: ISO Liable Under TSR For All Merchant Fraud Damages

On December 13, 2017, the United States Court of Appeals for the Eleventh Circuit held that an independent sales organization can be held liable for all damages suffered by consumers as a result of a merchant’s violation of the Telemarketing Sales Rule (“TSR”).  The court rejected the ISO’s argument that its liability should be limited …

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