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#11
07-14-2019, 12:52 PM
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The Sloan letter isn’t the greatest PR move, but is exactly what I would recommend. PSA has probably already made the decision that they won’t be writing any checks to PCWW or any other customers that submitted a large number of tainted cards. It only makes sense to make PCWW write as many checks to cover claims first. PSA is also buying time to see how big the potential liability is when the dust settles.
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