American Express sues Pirch for $33M over disputed transactions
American Express and Worldpay, a credit and debit card processor, have each sued Pirch, alleging the luxury appliance retailer owes them almost $50 million in transaction disputes and chargebacks initiated by Pirch’s aggrieved customers.
On Wednesday, the company’s leaders emailed staff, announcing Pirch was permanently shutting down and has processed final paychecks. The San Diego County-based Pirch has several locations in Southern California, including Costa Mesa, Mission Viejo, Glendale, Rancho Mirage and San Diego.
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