Berman Tabacco was co-lead counsel and co-lead trial counsel in this case against American Express Co. that was tried before a jury in August 2025. The jury returned a plaintiff’s verdict awarding $6 million in compensatory damages and an additional $6.5 million in punitive damages under the Illinois Consumer Fraud and Protection Act, along with a defense verdict on the federal antitrust claims. The parties subsequently reached a post-verdict settlement for $17.5 million, which was approved on July 6, 2026.
Case Information- Settlement Amount:
$17,500,000
$17,500,000