Dear Independent ATM Deployers (IADs):
It has come to my attention over the past week that a large, albeit yet to be determined, number of merchants in Massachusetts have received a demand letter from a small Massachusetts law firm named Summers, Summers, & Associates P.C. in regards to various alleged surcharge sticker and receipt violations that may be required by the Massachusetts Division of Banks.
Due to specific statutes in Massachusetts (known as Chapter 93A), this is a very serious matter and must be taking seriously. Under Chapter 93A, it is my understanding that these demand letters require a formal response by August 4 (assuming that the date of your received letter was July 5), so I suggest IADs immediately retain Massachusetts legal counsel to advise you on this matter.
While I do not know enough about the firm to formally recommend them, I have been in preliminary contact with a Boston, Mass.-based law firm Gilman, McLaughlin & Hanrahan LLP, which has already begun preparing a defense for a significant number of IAD/ISO operators and merchants who have received this letter. The firm certainly appears to be very knowledgeable on this specific topic.
Gilman, McLaughlin & Hanrahan LLP has indicated that it is proportioning the costs among all of its clients in this matter. If you decide that you would like to contact that particular firm, attorneys David G. Hanrahan and Michael Eby can be reached at 617-227-9999.
Tremont Capital Group Inc. is not recommending that you hire any particular firm or attorney and is only providing this contact for informational purposes.
I wish you all of the best fighting these claims.
Sam M. Ditzion, CEO
Tremont Capital Group, Inc.
417
http://global.networldalliance.com/new/images/slideshows/show417_thumb5898.jpg
TD Bank goes net zero energy
TD Bank goes net zero energy
407
http://global.networldalliance.com/new/images/slideshows/show407_thumb5665.jpg
ATM fee disclosure stickers
ATM fee disclosure stickers
387
http://global.networldalliance.com/new/images/slideshows/show387_thumb5320.png
GetBranded ATM wraps
GetBranded ATM wraps
376
http://global.networldalliance.com/new/images/slideshows/show376_thumb5045.jpg
Express Teller Services ATM surround installations
Express Teller Services ATM surround installations
373
http://global.networldalliance.com/new/images/slideshows/show373_thumb4988.jpg
GRG Banking Vietnam Day
GRG Banking Vietnam Day
346
http://global.networldalliance.com/new/images/slideshows/show346_thumb4575.png
ATMequipment.com at the ATMIA Show 2011
ATMequipment.com at the ATMIA Show 2011
347
http://global.networldalliance.com/new/images/slideshows/show347_thumb4583.png
Opt Connect at the ATMIA Show 2011
Opt Connect at the ATMIA Show 2011
345
http://global.networldalliance.com/new/images/slideshows/show345_thumb4569.jpg
Diebold ATM is the centerpiece of international art exhibit
Diebold ATM is the centerpiece of international art exhibit
336
http://global.networldalliance.com/new/images/slideshows/show336_thumb4475.jpg
Talaris Ltd.
Talaris Ltd.
332
http://global.networldalliance.com/new/images/slideshows/show332_thumb4431.jpg
Itautec displays cash dispenser and deposit-taking ATMs
Itautec displays cash dispenser and deposit-taking ATMs
Slim information Kiosk-ZT2880
http://global.networldalliance.com/new/images/products/4004.png
4004/Slim-information-Kiosk-ZT2880
Full Service ATM with Multi-depository
http://global.networldalliance.com/new/images/products/Itautec_IW1565.gif
735/Full-Service-ATM-with-Multi-depository
Authorized Distributor of ATM Machines
http://global.networldalliance.com/new/images/products/4104.png
4104/Authorized-Distributor-of-ATM-Machines
Mini Payment Terminal-ZT2312
http://global.networldalliance.com/new/images/products/4007.png
4007/Mini-Payment-Terminal-ZT2312
PAI Secure ATM
http://global.networldalliance.com/new/images/products/5045.png
5045/PAI-Secure-ATM
ATM Parts Repair
http://global.networldalliance.com/new/images/products/4410.png
4410/ATM-Parts-Repair
Sales of ATM Components, Spare Parts and Consumables
http://global.networldalliance.com/new/images/products/Inventorypic_100.gif
476/Sales-of-ATM-Components-Spare-Parts-and-Consumables
KAL Financial Institution ATM Solutions
http://global.networldalliance.com/new/images/products/KAL_Logo_SF100.gif
1015/KAL-Financial-Institution-ATM-Solutions
ATM Storage and Logistics
http://global.networldalliance.com/new/images/products/4413.png
4413/ATM-Storage-and-Logistics
High performance retail ATM - 1800 CE
http://global.networldalliance.com/new/images/products/1800CE_100.gif
3733/High-performance-retail-ATM-1800-CE
|
Inside NetWorld Alliance Network Self-Service World
|
Popular on NetWorld Alliance | Other NetWorld Alliance Sites | Global Partners |