August 17, 2012
A New York federal judge on Friday threw out a putative class action that alleged several distributors of Visa Inc. and MasterCard Inc. gift cards violated state contracts laws because customers couldn't fully deplete their cards with some merchants, saying users weren't harmed by the policy.
March 09, 2011
A New York woman filed a class action Monday against distributors of Visa Inc. and MasterCard Inc. gift cards claiming the companies violated state contracts laws by keeping card balances that were too low to use for another purchase.