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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. August 05, 2015

    AmEx Ruling Prompts Questions On $7B Interchange Fee Deal

    A judge revealed details Tuesday about the improper communications between a lead plaintiffs' attorney in an antitrust class action against American Express Co. and a MasterCard Inc. lawyer, leading to questions about whether that misconduct threatens a related $7.25 billion settlement with MasterCard Inc. and Visa Inc. that the pair worked on.

  2. July 27, 2015

    Retailers Want $7B Interchange Fee Deal Nixed On Misconduct

    Wal-Mart Stores Inc., Amazon.com Inc. and other retail giants will ask a judge Tuesday to overturn the $7.25 billion antitrust settlement Visa Inc. and MasterCard Inc. reached over their interchange fees in light of the revelation that a former MasterCard lawyer and a plaintiffs' attorney shared confidential information in the multidistrict litigation.

  3. July 21, 2015

    Class Wants $32M Atty Award Tossed In Swipe Fee MDL

    A New York federal judge was urged Tuesday to vacate a $32 million award handed to Gary Friedman of Friedman Law Group LLP for his representation of plaintiffs in the multibillion-dollar MasterCard Inc. and Visa Inc. swipe fee dispute, with merchants arguing he nearly compromised the settlement.

  4. May 06, 2015

    Merchants Want Slice Of Willkie Fee Swipe MDL Disclosures

    Several merchants objecting to the multibillion-dollar MasterCard Inc. and Visa Inc. swipe fee settlements urged a New York federal court on Monday to tack them on to an order requiring Willkie Farr & Gallagher LLP to fork over communications between an indicted former partner and a plaintiffs' attorney.

  5. March 16, 2015

    Willkie To Disclose Ex-Partner's Emails In Swipe Fee MDL

    A New York federal judge Monday approved a disclosure agreement between Willkie Farr & Gallagher LLP and parties in multidistrict litigation over Visa, MasterCard and American Express credit card swipe fees to determine whether emails between a former Willkie partner indicted for fraud and a plaintiffs' attorney compromised the integrity of two settlements.

  6. June 23, 2014

    Opt-Outs May Get Shot To Rejoin $6B Swipe Fee Deal

    Visa Inc., MasterCard Inc. and a group of merchants are mulling a plan to allow class members who opted out of the interchange fee antitrust settlement to rejoin the $5.7 billion deal, the parties said Friday.

  7. June 17, 2014

    Merchants, AmEx Urge 2nd Circ. To Scrap $7B Swipe-Fee Deal

    A group of hundreds of merchants, banks and health care providers on Monday asked the Second Circuit to reverse a $7.25 billion antitrust settlement over Visa Inc. and MasterCard Inc.'s swipe fees, saying it releases future antitrust claims, lacks class cohesion and prohibits members from pursuing individualized claims.

  8. April 22, 2014

    Payout Battle Over $7.25B Visa Swipe-Fee Deal Rages On

    Merchants with a claim to the $7.25 billion settlement over Visa Inc. and MasterCard Inc.'s alleged plot to fix credit card swipe fees continued their efforts to root out allegedly dicey claim-recovery services, urging a New York federal judge on Monday to ban the servicer for allegedly duping class members seeking a payout.

  9. March 26, 2014

    Class, Recovery Service Battle Over $7.25B Swipe Fee Deal

    Class plaintiffs in the $7.25 billion settlement over Visa Inc. and MasterCard Inc.'s alleged plot to fix credit card swipe fees urged a New York federal judge Monday to bar a claim-recovery service from the case, while the service rebutted arguments that it had attempted to mislead class members.

  10. January 09, 2014

    AmEx Appeals $7.2B Interchange Fee Settlement

    American Express Co. indicated Wednesday that it would appeal the approval of a $7.25 billion interchange fee antitrust settlement between merchants and Visa Inc. and MasterCard Inc., worrying it would be included in the agreement's broad class definition.

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