A very large class action settlement involving payment cards has an approaching deadline for class members to file claims. The class is very broad, defined as “all persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019.”
The settlement fund totals $5.5 billion and results from a lawsuit alleging the “Interchange Fee” portion of the fees that merchants pay to accept Visa and Mastercard resulted from illegal anticompetitive conduct.
Read the full alert here: https://www.lathropgpm.com/newsroom-alerts-72760.html
PartnerBrian Fries' approach to working with clients is to become their "partner" in the matters, to listen and understand their desired outcomes, and to identify creative paths to achieve their goals and get to resolution efficiently and ...
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