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Case Number:

1:05-md-01720

Court:

New York Eastern

Nature of Suit:

410 Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Chief Judge Margo K. Brodie

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Companies

Government Agencies

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January 29, 2019
Swipe Fee Deal Approved After Fixes For 2nd Circ. Concerns

A Brooklyn federal judge on Monday outlined her reasons for granting initial approval to a tweaked deal that would provide merchants up to $6.25 billion over allegations that Visa, Mastercard and several banks caused them to pay excessive fees on card transactions, after the courts scuttled a previous settlement.
January 24, 2019
Tweaked $900M Card Swipe Fee Deal Gets Initial Nod

A Brooklyn federal judge on Thursday gave initial approval for a tweaked deal between Visa, Mastercard, a group of banks and the merchants accusing them of charging excessive swipe fees, potentially adding $900 million to the $5.3 billion already shelled out over the claims.
December 06, 2018
Judge Says She'll Likely Approve $900M Card Swipe Fee Deal

A Brooklyn federal judge said at a hearing Thursday that she would probably approve a $900 million addition to a $5.3 billion settlement between Visa, MasterCard, a group of banks and the merchants who accuse them of charging excessive swipe fees, saying she would issue a decision once a few changes were made.
November 26, 2018
Gas Stations Can't Delay Card Swipe Fee Deal, Court Told

A tentative deal to end a class action over credit card swipe fees shouldn't get delayed because brand gasoline retailers are locked in disputes with the oil companies whose fuel they sell, class lawyers have told a New York federal judge.
November 21, 2018
Oil, Gas Retailers Worry Swipe Fee Deal Curtails Claims

Three retail gasoline trade groups objected in New York federal court Wednesday to a class action settlement with credit card issuers and banks over swipe fees, saying they're worried stores affiliated with oil refiners will get excluded from claim eligibility.
September 18, 2018
Visa, Mastercard, Banks Ink New Deal In Swipe Fee Row

Visa, Mastercard and several major banks will shell out up to another $900 million on top of $5.3 billion already paid to resolve a major chunk of an antitrust multidistrict litigation over card-swiping fees, in a New York federal court class action settlement with merchants announced on Tuesday.
August 07, 2017
Wal-Mart, Visa Want Antitrust Case Paused To Work On A Deal

Wal-Mart Stores Inc. and Visa Inc. on Friday asked a New York federal judge to stop the clock on their battle over card-swiping fees while they try to hammer out a settlement before discovery starts up after a nearly two-year hiatus.
October 19, 2016
Firms Vie For Chance To Lead Visa, MasterCard Antitrust Suit

Plaintiffs' attorneys on Wednesday packed a Brooklyn federal courtroom in opposing bids to take the lead as class counsel in marathon antitrust litigation targeting Visa and MasterCard, in the wake of the Second Circuit's rebuke of a $7.25 billion settlement over interchange fees.
February 04, 2016
Swipe Fee MDL Attys Say New Docs Can't Nix $7B Deal

Co-lead counsel for retailers involved in swipe-fee antitrust litigation against Visa and MasterCard told a New York federal judge on Wednesday that recently produced documents about improper attorney communications aren't grounds to vacate a $7.25 billion settlement.
September 02, 2015
Ex-Willkie Farr Atty Admits To Info Sharing In $7B Deal

A lawyer who represented Mastercard Inc. admitted in a New York federal court filing late Tuesday that she used information from opposing counsel in a $7.25 billion deal to settle multidistrict litigation over Mastercard, Visa Inc. and other banks' interchange fees.

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