Visa and Mastercard Ink $38 Billion Settlement on Swipe-Fee Lawsuit, But Some Merchants Push Back
After two decades of legal battles, Visa and Mastercard have reached a revised $38 billion settlement with U.S. merchants —…
Visa
Visa and Mastercard Agree to $199.5 Million Payout to Settle Merchant Fraud-Liability Class Action
In a significant move to close another chapter in their long history of legal battles with merchants, Visa Inc. and…
Lawsuit Alleges Mastercard’s Anticompetitive Practices in Digital Wallet Space
Mastercard Inc. is facing a legal battle as Massachusetts-based technology startup OV Loop Inc. files a lawsuit against the payments…
Visa and Mastercard Challenge U.S. Supreme Court Over Class Action Order
Visa (V.N) and Mastercard (MA.N) have jointly filed a petition with the U.S. Supreme Court to overturn a federal judge's…
Alleged Conspiracy by Apple, Visa, and Mastercard Sparks Class Action Lawsuit
A proposed class action has been filed against tech giant Apple and credit card giants Visa and Mastercard. Mirage Wine…
Supreme Court Rules in Favor of American Express in Antitrust Case
Summary: The Supreme Court ruled in favor of American Express in an antitrust lawsuit on Monday. On Monday, the Supreme…
Visa and MasterCard Want Settlement to Move Forward
Summary: With the recent discovery of a fraudulent partner at Willkie Farr & Gallagher that led to emails between her…
ATM Fee Case Revived Against Visa, MasterCard
Summary: A case that was previously dismissed against Visa and MasterCard has been revived. The complaint alleges that the companies…
Discovered Emails Between Opposing Lawyers May Ruin Settlement
Summary: Billion dollar settlements between merchants and major card companies MasterCard, Visa, and American Express are coming undone after communication…
The Devyani Khobragade Incident
Diplomat Devyani Khobragade was arrested on December 12 on West 97th Street and charged with visa fraud and making false…
Group of Big U.S. Retailers Breaks Off From Visa and MasterCard Settlement
A group of large U.S. retailers including companies like Target Corp and Macy’s Inc. broke off from a proposed $7.2…
Retail Group To Credit Card Companies: $7.2 Billion is Not Enough!
One of the largest retail trade associations announced that it will reject a proposed $7.2 billion settlement with Mastercard Inc.…