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Case overview

Case Number:

1:05-md-01720

Court:

New York Eastern

Nature of Suit:

410 Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Chief Judge Margo K. Brodie

Firms

Companies

Government Agencies

Sectors & Industries:

  1. May 13, 2008

    Interchange Fee Judge Briefly Owned Visa Stock

    A federal judge in the multidistrict litigation over credit card interchange fees has revealed that he inadvertently owned Visa shares for 18 days but says he does not believe the matter is grounds to disqualify him.

  2. March 17, 2008

    Visa, MasterCard Win Appeal In Interchange Fee Case

    A group of businesses that sued Visa USA Inc. and MasterCard International Inc. over their contentious interchange fees has lost a challenge to a federal court's ruling that evidence of its antitrust claims was unpersuasive.

  3. February 13, 2008

    MasterCard Fails In Bid To Toss Antitrust Claims

    MasterCard's 2006 initial public offering, which reorganized its business, will undergo antitrust scrutiny now that a judge has allowed legal claims challenging the IPO to proceed as part of a related class action against the company.

  4. January 23, 2008

    Credit Card Plaintiffs Dealt Discovery Setback

    A magistrate judge presiding over the antitrust litigation over credit card interchange fees has shot down the plaintiffs’ bids to bring a special master into the case and to expand discovery.

  5. January 22, 2008

    Credit Card Defendants Oppose Special Master

    Defendants in the payment card interchange fee litigation have opposed the class plaintiffs' motion requesting the appointment of a special master and the adoption of certain privilege dispute procedures that stem from the Vioxx product liability litigation.

  6. January 15, 2008

    Court Denies Some Claims In Interchange Fee Case

    Following a magistrate judge's recommendation, the federal court in charge of the ongoing antitrust case over credit card interchange fees has struck down claims for damages incurred before Jan. 1, 2004.

  7. January 14, 2008

    MasterCard Antitrust Claims Should Stay: Judge

    A magistrate judge in the ongoing case over MasterCard Inc.'s interchange fees has strongly urged the court to deny the company's request to dismiss monopolization claims.