September 02, 2015
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.
September 01, 2015
MasterCard Inc., Visa Inc. and other banks tangled up in multidistrict litigation over credit card transaction fees fought Tuesday to keep a $7.25 billion settlement alive after a number of major retailers pushed a New York federal court to trash the deal over attorney misconduct.
August 25, 2015
Citibank NA wrote to the Second Circuit on Monday to correct purported misstatements in a recent letter sent by merchants appealing a $7.25 billion settlement over credit card swipe fees updating the court about a similar case involving American Express Co. in which a settlement was recently thrown out because of attorney misconduct.
August 19, 2015
A class of merchant plaintiffs in the multibillion-dollar swipe fee dispute involving several credit card companies urged a New York federal court on Tuesday not to grant a motion to vacate a fee award to an attorney under scrutiny for alleged improprieties, saying the motion was meritless.
August 05, 2015
A judge revealed details Tuesday about the improper communications between a lead plaintiffs' attorney in an antitrust class action against American Express Co. and a MasterCard Inc. lawyer, leading to questions about whether that misconduct threatens a related $7.25 billion settlement with MasterCard Inc. and Visa Inc. that the pair worked on.
July 27, 2015
Wal-Mart Stores Inc., Amazon.com Inc. and other retail giants will ask a judge Tuesday to overturn the $7.25 billion antitrust settlement Visa Inc. and MasterCard Inc. reached over their interchange fees in light of the revelation that a former MasterCard lawyer and a plaintiffs' attorney shared confidential information in the multidistrict litigation.
July 21, 2015
A New York federal judge was urged Tuesday to vacate a $32 million award handed to Gary Friedman of Friedman Law Group LLP for his representation of plaintiffs in the multibillion-dollar MasterCard Inc. and Visa Inc. swipe fee dispute, with merchants arguing he nearly compromised the settlement.
May 06, 2015
Several merchants objecting to the multibillion-dollar MasterCard Inc. and Visa Inc. swipe fee settlements urged a New York federal court on Monday to tack them on to an order requiring Willkie Farr & Gallagher LLP to fork over communications between an indicted former partner and a plaintiffs' attorney.
March 16, 2015
A New York federal judge Monday approved a disclosure agreement between Willkie Farr & Gallagher LLP and parties in multidistrict litigation over Visa, MasterCard and American Express credit card swipe fees to determine whether emails between a former Willkie partner indicted for fraud and a plaintiffs' attorney compromised the integrity of two settlements.
June 23, 2014
Visa Inc., MasterCard Inc. and a group of merchants are mulling a plan to allow class members who opted out of the interchange fee antitrust settlement to rejoin the $5.7 billion deal, the parties said Friday.