Fee Change Docs Ruled Off-Limits In Credit Card Suit

Law360, New York (June 18, 2010, 5:45 PM EDT) -- A judge has ruled that credit-card holders are not entitled to obtain information from Citigroup Inc. and Discover Financial Services LLC about fee change-related revenue impact in an antitrust suit accusing issuers of conspiring to add mandatory arbitration clauses to credit agreements.

Judge William H. Pauley issued a ruling from the bench Friday in the U.S. District Court for the Southern District of New York, leaving the revenue impact documents off-limits but ordering Discover to turn over certain annual and multiyear business plans from 1999 to...
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