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In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

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Case overview

Case Number:

1:05-md-01720

Court:

New York Eastern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Margo K. Brodie

Firms

Companies

Government Agencies

Sectors & Industries:

  1. November 26, 2018

    Gas Stations Can't Delay Card Swipe Fee Deal, Court Told

    A tentative deal to end a class action over credit card swipe fees shouldn't get delayed because brand gasoline retailers are locked in disputes with the oil companies whose fuel they sell, class lawyers have told a New York federal judge.

  2. November 21, 2018

    Oil, Gas Retailers Worry Swipe Fee Deal Curtails Claims

    Three retail gasoline trade groups objected in New York federal court Wednesday to a class action settlement with credit card issuers and banks over swipe fees, saying they're worried stores affiliated with oil refiners will get excluded from claim eligibility.

  3. September 18, 2018

    Visa, Mastercard, Banks Ink New Deal In Swipe Fee Row

    Visa, Mastercard and several major banks will shell out up to another $900 million on top of $5.3 billion already paid to resolve a major chunk of an antitrust multidistrict litigation over card-swiping fees, in a New York federal court class action settlement with merchants announced on Tuesday.

  4. August 07, 2017

    Wal-Mart, Visa Want Antitrust Case Paused To Work On A Deal

    Wal-Mart Stores Inc. and Visa Inc. on Friday asked a New York federal judge to stop the clock on their battle over card-swiping fees while they try to hammer out a settlement before discovery starts up after a nearly two-year hiatus.

  5. October 19, 2016

    Firms Vie For Chance To Lead Visa, MasterCard Antitrust Suit

    Plaintiffs' attorneys on Wednesday packed a Brooklyn federal courtroom in opposing bids to take the lead as class counsel in marathon antitrust litigation targeting Visa and MasterCard, in the wake of the Second Circuit's rebuke of a $7.25 billion settlement over interchange fees.

  6. February 04, 2016

    Swipe Fee MDL Attys Say New Docs Can't Nix $7B Deal

    Co-lead counsel for retailers involved in swipe-fee antitrust litigation against Visa and MasterCard told a New York federal judge on Wednesday that recently produced documents about improper attorney communications aren't grounds to vacate a $7.25 billion settlement.

  7. September 02, 2015

    Ex-Willkie Farr Atty Admits To Info Sharing In $7B Deal

    A lawyer who represented Mastercard Inc. admitted in a New York federal court filing late Tuesday that she used information from opposing counsel in a $7.25 billion deal to settle multidistrict litigation over Mastercard, Visa Inc. and other banks' interchange fees. 

  8. September 01, 2015

    Visa Says Atty Misconduct Shouldn't Kill $7.25B MDL Deal

    MasterCard Inc., Visa Inc. and other banks tangled up in multidistrict litigation over credit card transaction fees fought Tuesday to keep a $7.25 billion settlement alive after a number of major retailers pushed a New York federal court to trash the deal over attorney misconduct.

  9. August 25, 2015

    Citi Slams Merchants' Update In $7B Swipe Fee Appeal

    Citibank NA wrote to the Second Circuit on Monday to correct purported misstatements in a recent letter sent by merchants appealing a $7.25 billion settlement over credit card swipe fees updating the court about a similar case involving American Express Co. in which a settlement was recently thrown out because of attorney misconduct.

  10. August 19, 2015

    Swipe-Fee Merchants Want Fees Despite Atty Misconduct

    A class of merchant plaintiffs in the multibillion-dollar swipe fee dispute involving several credit card companies urged a New York federal court on Tuesday not to grant a motion to vacate a fee award to an attorney under scrutiny for alleged improprieties, saying the motion was meritless.

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