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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards.
Citigroup asked a U.S. judge to dismiss a racial-discrimination lawsuit that claims the bank violated federal civil rights law by waiving ATM fees for customers of minority-owned banks. The third ...
The watchdog agency also said Comerica's actions included charging illegal ATM fees to more than 1 million cardholders between April 1, 2019, and April 30, 2024.
On Monday, a federal judge gave final approval to a $410 million settlement in a class-action lawsuit to compensate customers who were charged fees one or more times as a result of the bank's ...
The Payment Card Interchange Fee and Merchant Discount Antitrust Litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, MasterCard, and numerous financial institutions that issue payment cards. The suit was filed due to price fixing and other allegedly anti-competitive trade practices ...
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However, it argues the fee is actually "a concoction designed to increase T-Mobile’s revenue and pad its bottom line." Class action lawsuit: ParkMobile $32.8 million settlement: How to join ...
In 2011, MasterCard and Visa were sued in a class action by ATM operators claiming the credit card networks' rules effectively fix ATM access fees. [92] The suit claimed that this is a restraint on trade in violation of US federal law. The lawsuit was filed by the National ATM Council and independent operators of automated teller machines.