Rome LLP Wins $16.2 Million Jury Verdict for Specialty Payments in ISO Residuals Dispute
In 2025, Rome LLP won a $16.2 million jury verdict on behalf of Specialty Payments in a high-stakes dispute over ISO residual commissions and interference with agent agreements. Rome LLP founder Eugene Rome and cocounsel Christopher Schwegmann proved that Paynetworx LLC and merchant defendants ERI Brands LLC, Rocket Systems Inc., Elisabeth R. Imhoff, and Jared J. Davis (collectively, the “ERI Defendants”) conspired to unlawfully cut Specialty out of its earned commissions on more than $297 million in processing volume. The jury awarded $7.385 million against the ERI Defendants fortortious interference, and $723,684.43 against Paynetworx for civil theft, plus attorneys’ fees. Jurors also imposed punitive damages of $7 million against Davis and $600,000 each against ERI and Rocket Systems.