AmEx Offers $50M To End Currency Fee Claims: Atty

By Erin Coe (November 3, 2011, 9:30 PM EDT) -- American Express Co. has agreed to pay $49.5 million to partially settle a class action in New York accusing the credit card giant of conspiring with several banks to fix foreign currency conversion fees and impose arbitration clauses in cardholder agreements, the plaintiffs' attorney said Thursday....

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