Payment Logistics Urges Court to Stop Lighthouse/Shift4 Merger

Payment Logistics Ltd. (PLL), represented by MoginRubin LLP, asked the court on Friday, June 29, to prevent Lighthouse from merging with Shift4 Corp., alleging that Lighthouse is creating a vertical monopoly in an attempt to dominate the market.

“Restaurant merchants are being denied their choice of provider and their access to innovative new products is being diminished. The once-competitive market is being irreparably harmed in a way that monetary damages cannot compensate and, if left unchecked, cannot be repaired.”

Read the latest coverage of the case in Law360’s recent article, here.

Sign up to view this Whitepaper