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An agreement between petitioners, American Express and a subsidiary, and respondents, merchants who accept American Express cards, require[d] all of their disputes to be resolved by arbitration and provide[d] that there "shall be no right or authority for any Claims to be arbitrated on a class action basis."
Ohio v. American Express Co., 585 U.S. ___ (2018), was a United States Supreme Court case regarding the nature of antitrust law in relationship to two-sided markets.The case specifically involves policies set by some credit card banks that prevented merchants from steering customers to use cards from other issuers with lower transaction fees, forcing merchants to pay higher transaction fees to ...
The co-owner of a Hollywood costume firm filed a lawsuit Tuesday against reality TV star Erika Girardi, two of her staff members, current and former U.S. Secret Service agents and American Express ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
American Express Co. (2018), merchants filed a class action lawsuit against American Express and claimed that charging high fees to merchants is a violation of the Sherman Antitrust Act. [111] [112] According to the lawsuit, American Express charges significantly higher fees than other credit card providers.
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Shearson/American Express Inc. v. McMahon, 482 U.S. 220 (1987), is a United States Supreme Court decision concerning arbitration of private securities fraud claims arising under the Securities Exchange Act of 1934. By a 5–4 margin the Court held that its holding in a 1953 case, Wilko v.
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