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If you have already filed a chargeback with the merchant then the issue becomes between the merchant processing company and the company. If they do try and sue you for the money then you will have a defense that you can provide. There is nothing for them to sue you for because you have already been reimbursed.
Generally the merchant processing company will start demand letters to the individual for the chargeback and if not paid THEY will initiate a case agains the company.
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