related Case:

Track this case

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:

Judge Brian M. Cogan

Firms

Companies

Government Agencies

Sectors & Industries:

June 11, 2019
Objectors Fighting Swipe Fee Counsel's $604M Payday

Merchants who successfully challenged a $7.25 billion settlement with Visa, Mastercard and a group of banks over card swipe fees want a piece of the attorney fees generated by the newly minted $6.3 billion deal, telling a Brooklyn federal judge Monday the latest agreement was made possible by their objection.
June 10, 2019
Swipe Fee Counsel Seek $604M In Fees, Final Settlement OK

A class of merchants that sued Visa, Mastercard and a group of banks over card swipe fees has asked a Brooklyn federal judge to put her stamp of approval on a "historic" multibillion-dollar settlement and to approve a $604 million fee award.
April 19, 2019
Big Banks Say They Have 'No Part To Play' In Swipe Fee Suit

Bank of America, Barclays and other big banks under fire for allegedly saddling millions of merchants with excessive swipe fees argued that the rules governing those charges are set down by Visa and Mastercard, leaving the banks with "no part to play" in retailers' litigation to escape the fees.
January 29, 2019
Swipe Fee Deal Approved After Fixes For 2nd Circ. Concerns

A Brooklyn federal judge on Monday outlined her reasons for granting initial approval to a tweaked deal that would provide merchants up to $6.25 billion over allegations that Visa, Mastercard and several banks caused them to pay excessive fees on card transactions, after the courts scuttled a previous settlement.
January 24, 2019
Tweaked $900M Card Swipe Fee Deal Gets Initial Nod

A Brooklyn federal judge on Thursday gave initial approval for a tweaked deal between Visa, Mastercard, a group of banks and the merchants accusing them of charging excessive swipe fees, potentially adding $900 million to the $5.3 billion already shelled out over the claims.
December 06, 2018
Judge Says She'll Likely Approve $900M Card Swipe Fee Deal

A Brooklyn federal judge said at a hearing Thursday that she would probably approve a $900 million addition to a $5.3 billion settlement between Visa, MasterCard, a group of banks and the merchants who accuse them of charging excessive swipe fees, saying she would issue a decision once a few changes were made.
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.
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.
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.
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.

← Previous
1
2
3
4
5
6
7
8
9
10
…
Next →