Mastercard Faces £200 Million Settlement in Class Action Lawsuit with £10 Million Backing for Litigation Funder

A representative for over 45 million U.K. consumers in a class action lawsuit against Mastercard is facing a lawsuit from his litigation funder. This legal dispute arises from the representative's decision to settle the £10 billion ($12.3 billion) case for £200 million. Reports indicate that the settlement includes a £10 million backing from Mastercard for the litigation funder dispute. Additionally, sources suggest that the settlement amount could exceed £10 million, with most of it allocated for legal fees. The litigation firm involved may receive up to £100 million for its role in the case, with claimants set to receive £2 each.