As many as 3,000 California restaurateurs could benefit from the $64-million deal that has been accepted in principle by loyalty program provider Rewards Network to settle a class-action lawsuit pending against it. The suit accused Chicago-based Rewards Network of violating California usury laws.PlaintiffsÍ attorneys said they were pleased with the settlement proposal, which has yet to be approved in U.S. District Court. Hearings are expected to be scheduled in February or March.If ...
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Contact: Desiree Torres Desiree.Torres@penton.com