The US District Court for the Northern District of Illinois recently granted preliminary approval of a $1.2 billion settlement in a class action involving Discover-related credit cards.
Background -
In 2023, three...more
10/10/2025
/ Business Litigation ,
Class Action ,
Consumer Financial Products ,
Credit Cards ,
Fees ,
Financial Institutions ,
Financial Services Industry ,
Illinois ,
Interchange Fees ,
Merchants ,
Payment Systems ,
Settlement ,
Settlement Agreements
UPDATE: In the massive antitrust class action against Visa, Mastercard and more than 25 banks, the deadline has been extended to February 4, 2025 for victims of overpaid credit or debit card transaction fees to file a claim...more
8/28/2024
/ Antitrust Division ,
Banks ,
Class Action ,
Credit Cards ,
E-Commerce ,
Financial Services Industry ,
Hospitality Industry ,
MasterCard ,
Merchants ,
Overpayment ,
Popular ,
Taxpayer Identification Number ,
Visa Inc
In the massive antitrust class action against Visa, Mastercard and more than 25 banks, the deadline has been extended for victims of overpaid credit or debit card transaction fees to file a claim to their share of the $5.54...more