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B & R Supermarket, Inc., et al v. Visa, Inc. et al
Case Number:
4:16-cv-01150
Court:
Nature of Suit:
Judge:
Firms
Companies
- American Express Co.
- Bank of America Corp.
- Capital One Financial Corp.
- Citigroup Inc.
- Discover Financial Services Inc.
- JPMorgan Chase & Co.
- MasterCard Inc.
- United Services Automobile Association
- U.S. Bancorp
- Wells Fargo & Co.
Sectors & Industries:
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March 14, 2016
Stores Seek To Block Credit Card Fraud Rules In Antitrust Suit
A proposed class of retailers have asked a California federal court to block major banks and credit card companies from enforcing new fraud liability rules while the merchants pursue an antitrust lawsuit.
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March 09, 2016
Retailers Hit Visa, MasterCard, Banks With Antitrust Suit
Visa and other credit card companies and a slew of major banks such as Bank of America were slapped with an antitrust complaint in California federal court that alleges they conspired to unlawfully shift fraud liability away from banks to a putative class of merchants who made legitimate attempts to switch to a new security chip system.