Wal-Mart Stores, Inc, et al v. Visa USA, Inc., et al

  1. December 13, 2013

    $7.25B Visa, MasterCard Swipe Fee Deal Gets Approval

    A New York federal judge on Friday approved a proposed $7.25 billion antitrust settlement — believed to be the largest antitrust settlement ever — over Visa Inc. and MasterCard Inc.'s alleged conspiracy to fix prices for credit card swipe fees, resolving claims brought by a putative class of about 12 million merchants.

  2. November 20, 2009

    Wells Fargo Shut Out Of Visa, MasterCard Antitrust Deal

    A federal judge has declined to allow Wells Fargo Retail Finance — as a secured creditor to certain bankrupt class members — to participate in a multibillion-dollar retailer antitrust settlement with Visa USA Inc. and MasterCard International Inc., saying that the lender was too late in filing its claim.

  3. December 13, 2007

    Class Counsel In Card Issuer Case Pockets $1M

    Constantine Cannon LLP and other firms representing the class of 5 million merchants that alleged Visa USA Inc. and MasterCard International Inc. illegally tied their debit products to their credit cards have received the green light to collect more than $1 million for their work on the case.

  4. January 04, 2007

    DOJ To Score $7M In Credit Card Settlement

    In a move that may resolve a drawn-out dispute stemming from a 2003 billion-dollar settlement fund in an antitrust class action against Visa USA Inc. and MasterCard International Inc., the U.S. Department of Justice has reached a proposed settlement with a class of merchants and the credit card giants.

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