to 5:30 p. (CCC) is offering to monetize claims by bidding to purchase the Jan 1, 2004 · Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 . Input the Date and click Run Report. 5-billion antitrust class-action settlement that returns real money to millions of merchants, from retailers to restaurateurs, after 15 years of paying allegedly inflated Visa and Mastercard interchange fees. Email: [email protected] SOURCE U. Business owners are encouraged to submit a claim to get their share of a court-approved $5. 54 billion – although this could ultimately rise to $6. Nov 6, 2023 · The 2nd Circuit Court of Appeals upheld a $5. Write to: Payment Card Interchange Fee Settlement, P. Box 2530 Portland, OR 97208-2530 May 31, 2024 · If you did not receive one, or you aren't sure if you are eligible, contact the Class Administrator at: Call the toll-free number: 1-800-625-6440. Your organization is likely Jun 25, 2024 · According to paymentcardsettlement. D. You will be notified via email once the Class Administrator's review is complete. The settlement resolved claims Visa and Mastercard overcharged retailers on interchange fees, also known as swipe fees 2. Email: info@PaymentCardSettlement. The settlement has been approved by the courts. Nov 29, 2023 · The 18 million businesses, including convenience-store retailers and grocers, that accepted Visa or Mastercard branded payment cards from 2004 to 2019 will begin receiving claim notices in early December as part of a $5. MCAG is actively filing claims on behalf of clients. 7, 240, which was vacated by the Second Circuit on June 30, 2016 and remanded to this Court, Interchange Fees II, 827 F. Plaintiffs in the Rule 23 (b) (3) Class (Money Damages Class) have reached a proposed settlement in this action Welcome to the Merchant Portal for the Payment Card Interchange Fee Settlement. Jan 1, 2004 · Payment Card Interchange Fee Settlement Disclaimer: Claim forms are available from the Class Administrator online effective December 1, 2023. As discussed infra, some of these challenged rules have been altered as a result of changes in the credit card industry, and some Apr 15, 2019 · A federal Court has preliminarily approved a proposed settlement of a maximum of approximately $6. 5 billion payment card interchange fee settlement fund has mailed out claim forms to retailers/marketers who may be eligible for a share of the Settlement Fund. The claims period began on Dec. The Claim Filing Deadline is August 30, 2024. Learn more and set up a call today at: https below) in a $5. Class members are not required to sign up with any third-party service in order to participate in any monetary relief, but may instead file their claim directly with the Class Administrator. azari, esq. Claim notices began mailing out December 1. com, or sending mail to Payment Card Interchange Fee Settlement, PO Box 2530, Portland. 24 billion settlement of a class action lawsuit, in In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO). 05-md-01720 (mkb) (jo) supplemental declaration of cameron r. ” (Id. The settlement creates the following Rule 23 (b) (3) Settlement Class: All persons, businesses, and other entities that have May 14, 2024 · HASC has partnered with MCAG, a class-action settlement expert, to offer claims filing services to help eligible HASC members meet the fast-approaching claim filing deadline for the $5. District Court for the Eastern District of The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Settlement, you will not be charged a fee. All persons, businesses, and other entities that have accepted Visa and/or MasterCard Credit and/or Debit Cards in the Jun 3, 2024 · Definitive Class Settlement Agreement Appendix B--Class Settlement Cash Escrow Agreement: 10/19/2012: Motion for Preliminary Approval Settlement Agreement: 5700: 1656-1 (Part 4) Definitive Class Settlement Agreement Appendix C--Class Settlement Interchange Escrow Agreement: 10/19/2012: Motion for Preliminary Approval Settlement Agreement: 5600: damages relief class (the “2013 Settlement Agreement”), see Interchange Fees I, 986 F. The Federal Reserve Bank has estimated that the value of interchange fees paid on Visa and MasterCard credit and debit cards has increased substantially, from about $20 billion in 2002 to approximately $35 billion to $45 In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation | MDL No. N. May 2024 Update: In an Order dated May 14, 2024, the Court granted an extension of the claims-filing deadline. 56–$6. Box 2530, Portland, OR 97208-2530 Email: info@PaymentCardSettlement. Dec 1, 2023 · BROOKLYN, N. com, or contact Class Counsel or the Class Administrator. Call: 1-800-625-6440 1-800-625-6440 (Toll-Free) Call Center Hours: 6 a. 1. The Class Administrator will review your documentation and, if it is sufficient, search its records to see if it has interchange transaction fee information for the merchant. Settlement, PO Box 2530, Portland, OR 97208-2530. Box 2530 Portland, OR 97208-2530 Email: info@PaymentCardSettlement. The settlement creates the following Rule 23 (b) (3) Settlement Class: All persons, businesses, and other entities that have In 2005, merchants filed several class action lawsuits alleging that, because Visa, Mastercard and certain U. 4 billion pie. The Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, or “Payment Card Settlement” alleges that Visa and Mastercard Mar 15, 2023 · In re Payment Card Interchange Fee and Merchant Discount Litigation, No. That percentage cannot be determined until all class members claims are filed and accepted or denied by the class administrator. . Under Account, select All Credit Cards Account or select a specific credit card. Welcome to the Merchant Portal for the Payment Card Interchange Fee Settlement. 1, 2023 /PRNewswire/ -- Today, the claim submission process begins for the largest private antitrust class-action settlement in U. ET Monday - Friday except Holidays Write: Payment Card Interchange Fee Settlement P. No claim forms are available at this time, and no claim-filing deadline exists. A statement making clear that class members need not sign up for a third-party service in order to participate in any monetary re lief and explaining that no-cost assistance will be available from the Class Administrator and Class Counsel during the claims-filing period. merchants who did not exclude themselves from the class action. Box 2530, Portland, OR 97208-2530. 5 billion Settlement. 26 billion settlement to provide payments to merchants who accepted Visa and MasterCard at any time Jun 3, 2024 · Definitive Class Settlement Agreement Appendix B--Class Settlement Cash Escrow Agreement: 10/19/2012: Motion for Preliminary Approval Settlement Agreement: 5700: 1656-1 (Part 4) Definitive Class Settlement Agreement Appendix C--Class Settlement Interchange Escrow Agreement: 10/19/2012: Motion for Preliminary Approval Settlement Agreement: 5600: Visa/MasterCard Interchange Settlement. com (the only court-approved website for this settlement), merchants who are unsure whether they are part of the settlement are instructed to contact the Class Administrator by any of these three methods: By toll-free phone: 1-800-625-6440. 6 billion settlement agreement between Visa, Mastercard and more than 12 million retailers who accused the credit card companies of improperly fixing credit and debit card fees. 05-md-1720 (E. Oct 9, 2023 · Visa and Mastercard have agreed to pay $5,540,000,000 to settle a class action lawsuit for alleged antitrust violations, including setting excessive interchange fees and imposing restrictive rules on merchants. The claims process for this settlement is now open, but you must submit a claim to the settlement administrator, or have a . 54 Billion. Y. 54 billion in a class action lawsuit, called In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO). The Class Administrator has data from Defendants and others which permits it to estimate the total value of interchange fees attributable to each Authorized Claimant on its Visa and Mastercard card transactions during the period from January 1, 2004, to January 25, 2019, (“Interchange Fees Paid”). The settlement creates the following Rule 23 (b) (3) Settlement Class: All persons, businesses, and other entities that have Sep 18, 2018 · The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Please understand that you have the right to file on your own. Settlement Fund: $5. 54 billion interchange fee settlement. Claim Filing Deadline: TBD; claim forms are not available at this time, but expected to become available in December 2023. The lawsuit, In re Payment Card Interchange Fee Antitrust Litigation, alleges that Visa® and MasterCard® fixed interchange fees at anti-competitive levels in violation of US antitrust law. Read more: Jan 8, 2024 · If you are not sure if you are part of this settlement, you can contact the Class Administrator by calling 1-800-625-6440 or at info@PaymentCardSettlement. 2d at 220−21. These may have been emails or calls from entities Welcome to the Merchant Portal for the Payment Card Interchange Fee Settlement. 6 billion antitrust class-action settlement consisting of more than 12 million Dec 5, 2023 · The lawsuit is about the excessive fees merchants had to pay in order to accept Visa and Mastercard cards after the companies violated antitrust laws. On March 15, 2023, the Court of Appeals for the Second Circuit gave final approval of the $5. If your business accepted any Visa-branded cards and/or MasterCard-branded cards in the United States at any time from January 1, 2004 to January 25, 2019 you may be eligible to participate in $5. Box 2530 Portland, OR 97208-2530 Feb 22, 2019 · Write to the Class Administrator: Payment Card Interchange Fee Settlement, P. adequacy of settlement notice plan united states district court eastern district of new york in re payment card interchange fee and merchant discount antitrust litigation this document applies to: all cases. As discussed infra, some of these challenged rules have been altered as a result of changes in the credit card industry, and some Sep 18, 2018 · The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Dec 1, 2023 · Interchange is a fee paid by a merchant’s bank (also known as the acquiring bank) to the cardholder’s bank (the issuing bank) to compensate the issuing bank for a portion of the risks and costs it incurs. No-cost assistance will be Sep 18, 2018 · The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws. 54 billion settlement. Certain individuals or their companies may be entitled to receive money from a $5 billion class action lawsuit settlement. information information information below below below and and and mail mail mail the the the completed completed completed form form form postmarked postmarked by postmarked by May31, May May 31, 2024 31, 2024 2024 your toto to Payment Payment Payment Card Card Card Interchange Interchange Fee Fee. District Court, Eastern District of New York, 1:05-md-01720-MKB-VMS. District Sep 18, 2018 · If your business accepted Visa and/or Mastercard between 2004 - 2019, you're now eligible to claim your share of a $5. Jan 1, 2004 · Plaintiffs claim Defendants violated the law because they collectively fixed and set interchange fees which caused merchants to pay supra-competitive interchange fees when accepting Visa-Branded Cards and/or MasterCard Branded Cards in the United States. The settlement administrator will have data which it expects will permit it to estimate the total value of interchange fees attributable to each authorized caimant on its Visa and Mastercard card transactions during the period from January 1, 2004, to January 25, 2019. 6 billion antitrust class-action settlement consisting of more than 12 million retailers. 3d at 227, 229. Class Period: January 1, 2004 - January 25, 2019. Dec 20, 2023 · Return address is Payment Card Interchange Fee Settlement Administrator, PO Box 2530, Portland OR 97208-2530; Settlement Details. 24 billion and a minimum of at least $5. The claim filing window opens in December, 2023, with claim notices being sent to 18 million class members. PAYMENT CARD INTERCHANGE FEE SETTLEMENT Learn More HAS YOUR BUSINESS ACCEPTED VISA-OR MASTERCARD-BRANDED CARDS? YOU May 29, 2024 · The settlement fund totals $5. business owners who processed Visa and/or Mastercard credit or debit card payments between 2004 and 2019 have until the end of August 2024 to submit a claim for their share of a historic $5. com Write to the Class Administrator: Payment Card Interchange Fee Settlement P. S. 1, 2004, and Jan. 54 billion. No. merchants after 15 years of paying allegedly inflated Visa and Mastercard interchange fees. This case was later consolidated into In re: Payment Card Interchange Fee and Merchant Discount Antitrust Litigation , MDL No. Supp. UPDATE 3: June 2018, Visa and MasterCard are approaching a settlement deal over a swipe fee class action lawsuit after more than a decade of litigation. 54–$6. Supreme Court. The lawsuit claims that merchants paid excessive interchange fees for accepting Visa and MasterCard because of an alleged conspiracy among the Defendants. 2 After additional extensive discovery and If you have any questions regarding the Payment Card Interchange Fee Settlement, you may contact the Class Administrator using the information below. The procedures the Class. Eligible class members who submit approved claims will be eligible for a slice of the $5. 54 billion class action settlement. 1-800-625-6440. You can file a claim in two ways Claim notices began mailing out December 1. 25, 2019. - 6 p. Letter references the case In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation; States settlement creates a class from January 1, 2004 to January 25, 2019 Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720), you may: Call toll-free: 1-800-625-6440 Visit: www. com. Call: 1-800-625-6440 1-800-625-6440 (Toll-Free) Call Center Hours: 9 a. The Class Administrator will have data from Defendants and others which it expects will permit it to estimate the total value of interchange fees attributable to each Authorized Claimant on its Visa and Mastercard card transactions during the period from January 1, 2004 to January 25, 2019 (“Interchange Fees Paid”). approved by the Court. PST Monday - Friday except Holidays Write: Payment Card Interchange Fee Settlement P. Class members need not sign up for a third-party service in order to […] IN RE PAYMENT CARD INTERCHANGE FEE AND MERCHANT DISCOUNT ANTITRUST LITIGATION This Document Applies to: All Cases. The settlement amount is estimated to Dec 6, 2023 · Credit card update from NACS - Applies broadly to merchants across multiple trade channels; Payment Card Interchange Fee Settlement Opens for Claims. If your business accepted Visa or MasterCard payments any time from January 1 Feb 2, 2024 · Updated May 14, 2024: In an Order dated May 14, 2024, the Court granted an extension of the claims-filing deadline. 54 billion antitrust class action settlement. 1 and closes on May 31, 2024. 24 billion Sep 18, 2018 · Payment Card Interchange Fee Settlement. In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO). File a Claim: Claims must be submitted by 11:59 pm PST on May 31, 2024. 54 billion class-action settlement. The lawsuit is about the […] Welcome to the Merchant Portal for the Payment Card Interchange Fee Settlement. Payment Card Settlement Disclaimer: On December 13, 2019 the Court granted final approval of the settlement filed on September 18, 2018 for the Rule 23(b)(3) Class Plaintiffs in this action. Box 2530 Portland, OR 97208-2530. If you are not sure whether you are part of this settlement, contact the Class Administrator at: Call the toll-free number: 1-800-625-6440. The case alleges that Visa and Mastercard colluded to overcharge interchange fees from some 16 million businesses from 2004-2019. com Please check www Dec 20, 2023 · The Payment Card Settlement is a record-breaking, $5. Jan 22, 2024 · Here's how: In the left panel, click Reports, then select the Classic View. Know about all the important deadlines for the payment card interchange fee settlement in this article. Please include the case name (“Payment Card Interchange Fee Settlement”), your name and your return address on all correspondence. Status of the Interchange Settlement The Court granted final approval of a $5. In addition, the Court notes that Nov 13, 2023 · The case is In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, U. at 9. 3. ) There is no indication that any Class Representative assumed the position or undertook the time and labor they did in anticipation of being compensated. Superseding and Amended Definitive Class Settlement Agreement - Filed September 18, 2018 Dec 16, 2013 · UPDATE 2: On Dec. m. 54B settlement ending class allegations that they artificially inflated the price of the interchange fees paid by merchants. This settlement resolves allegations that VISA, MasterCard and their issuing banks violated the law by charging excessive interchange fees to merchants. This lawsuit relates to interchange fees paid by merchants that accepted Visa or Mastercard branded credit/debit cards between January 1, 2004 and January 25, 2019. 2 billionEligibility Period: January 1, 2004 – January 25, 2019Claim Filing Deadline: TBD. Check the Transaction Type under Filter, and then choose Invoice and Payment. The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa May 31, 2024 · Payment Card Antitrust Litigation $5. Certificate Clearing Corp. at 214−15. The eligible class consists of all persons, businesses and other entities that accepted Visa and/or MasterCard credit or debit For additional information, class members may visit the Court-approved website at www. S Jan 1, 2004 · Payment Card Interchange Fee & Merchant Discount Antitrust litigation Sign up below to collect your portion of this $5. The plaintiffs allege that: Visa & MasterCard violated the law by imposing and enforcing rules that limited merchants from steering their customers to other payment methods (no practices. Administrator will use to administer and pay claims made by members of the Rule 23(b)(3) Settlement Class to the Cash Fund are described in Section II below. ” Interchange Fees I, 986 F. In 2005, a lawsuit was filed regarding the interchange fees charged to merchants that accepted Visa or Mastercard credit or debit cards between Jan. The deadline to submit claims is August 30, 2024. PAYMENT CARD INTERCHANGE FEE SETTLEMENT HAS YOUR BUSINESS ACCEPTED VISA-OR MASTERCARD-BRANDED CARDS? YOU MAY BE ELIGIBLE TO RECOVER MONEY FROM A $5. The settlement received final approval on December 13, 2019 and the settlement fund is approximately $5. 1, 2016, merchants seeking to wrap up a credit card swipe fee class action settlement are appealing their case to the U. December 05, 2023. 5 billion settlement on behalf of U. This settlement operates on a fixed fund basis. Visa, MasterCard and their member banks agreed to a $5. You therefore will be excluded from the Class as defined in the Settlement and will not be eligible to receive Settlement funds, unless you also accepted Visa and file a claim; (3) estimated percent of interchange fees attributable to the Class is 100% of the total Interchange Fees Paid by the Class less attorneys' fees and expenses and 15% to account for the opt-outs who have filed their own complaint in the coordinated action, as well as an additional (6) are the same numbers as (1) — (3) 25% opt-out Dec 5, 2023 · The US District Court, Eastern Court of New York has preliminarily approved a settlement with a minimal total payout of $5. Please understand that you have the right to file on your own. This settlement benefits merchants who accepted Visa or Mastercard payments between January 1, 2004, and January 25, 2019. Technically, this is a ‘new’ proposed $5. , Dec. 54. 2d at 216 n. approval of the settlement, Epiq provided a “Class Administrator’s Report of Exclusion Requests—Publicly Filed Version” of that sought to be excluded from the Rule merchants 23(b)(3) Settlement Class, as well as the date request was postmarked and received, and each whether the request was timely and properly made. Click Here to Access Our Sign-Up Portal Disclaimer: Claim forms are being delivered and are available online beginning December 1, 2023. Visa-Mastercard Interchange Fee Settlement. A Please be patient. For assistance with the claim form, you can contact the Claims Administrator at no cost by calling 1-800-625-6440, emailing info@PaymentCardSettlement. Q: What is the current status of the case (as of May 25, 2019) • On January 25, 2019, a Superseding and Amended Definitive Class Settlement Agreement was preliminarily. 54 billion class action settlement called In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO). 54 billion settlement on behalf of U. financial institutions fixed fees for processing credit and debit card payments and prohibited merchants from steering their customers toward the use of lower-cost payment instruments, merchants paid higher interchange fees. practices. history, and millions of business owners This Plan of Administration and Distribution (“Plan”) shall govern the administration and. 1980s-era credit-card imprinter with [him] as a visual tool to illustrate how outdated interchange fees were in the age of electronic commerce. If you have received a Conflict Notice, please direct your inquiries to Sep 18, 2018 · The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws. The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws. Plaintiffs in the Rule 23 (b) (3) Class (Money Damages Class) have reached a proposed settlement in this action The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Interchange Escrow Account to the Class Settlement Cash Escrow Account, as reduced by (i) the Taxes and administrative costs related to the Class Settlement Cash Escrow Account, (ii) the Case 1:05-md-01720-MKB-JO Document 7832 Filed 12/20/19 Page 3 of 14 PageID #: 113947 Jun 3, 2024 · Please note that if you do not receive a claim form by the middle of January and/or are not sure whether you are part of this settlement, contact the Class Administrator: Call the toll-free number: 1-800-625-6440 Email: [email protected] Write to: Payment Card Interchange Fee Settlement, P. Call: Welcome to the Merchant Portal for the Payment Card Interchange Fee Settlement. no. The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Visa/MasterCard Interchange Fee Settlement. For a further explanation of credit card transactions and interchange fees, see id. Box 2530, Portland, OR 97208-2530 Apr 24, 2019 · Interchange fees typically consist of a percentage fee, based on the volume of the transaction, and a per-transaction fee. 1720] ("Settlement"). By email: info@paymentcardsettlement. Jul 1, 2019 · Merchants that wish to exclude themselves must make a written request, place it in an envelope, and mail it with postage prepaid and postmarked no later than July 23, 2019, or send it by overnight delivery shown as sent by July 23, 2019, to Class Administrator, Payment Card Interchange Fee Settlement, P. Search for Transaction List by Customer, then Customize. 5 billion, and results from a lawsuit alleging the “Interchange Fee” portion of the fees that merchants pay to accept Visa and Mastercard resulted from illegal Jan 1, 2004 · Payment Card Interchange Fee Settlement Disclaimer: Claim forms are available from the Class Administrator online effective December 1, 2023. Plaintiffs in the Rule 23(b)(3) Class (Money Damages Class) have reached a proposed settlement in this action. With the $5. U. 5 billion settlement before the claim The amount paid from the settlement will be based on the actual or estimated interchange fees attributed to Visa and Mastercard transactions between January 1, 2004 and January 25, 2019. distribution of the Net Cash Settlement Fund (the “Cash Fund”). Class. ) In the largest settlement of a private antitrust action in the 130-year history of the Sherman Act, on March 15, 2023, the United States Court of Appeals for the Second Circuit unanimously upheld the district court’s order giving final approval of a $5. In recent years, you’ve likely received several communications related to the Visa and Mastercard Payment Card Settlement. Alternatively, if you choose to file your claim through HMS and CCC and have not received a notice from the Apr 18, 2024 · The Payment Card Settlement is an historic antitrust class-action settlement that provides some relief for millions of U. 54 billion settlement, every merchant in the Rule 23 (b) (3) Settlement Class that did not exclude itself from the class by the deadline and filed a valid claim (“Authorized Nov 15, 2023 · In 2005, a lawsuit was filed regarding the interchange fees charged to merchants that accepted Visa or Mastercard credit or debit cards between Jan. 1720 (MKB) (JO), in the U. The settlement creates the following Rule 23 (b) (3) Settlement Class: All persons, businesses, and other entities that have Visa/MasterCard Interchange Settlement. O. The claims process is now moving forward as claims forms began mailing on December 1, 2023, and will continue being sent for most of December. , on implementation and adequacy of settlement notice plan If you do not receive a claim form by the middle of January and/or are not sure whether you are part of this settlement, contact the Class Administrator: Call the toll-free number: 1-800-625-6440 Write to: Payment Card Interchange Fee Settlement, P. 05-MD-1720 (JG) (JO) CLASS SETTLEMENT ORDER AND FINAL JUDGMENT On _____ __, 2013, the Court held a final approval hearing on (1) whether the terms and Jan 1, 2004 · Settlement Fund: $6. Sep 18, 2018 · The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws. If you do not receive a claim form by the middle of January and/or are not sure whether you are part of this settlement, contact the Class Administrator: Call the toll-free number: 1-800-625-6440. PaymentCardSettlement. In March, a federal appeals court upheld a $5. May 12, 2024 · After the VISA/MasterCard case was filed over 18 years ago, and over 5 years since the court approved the September 18, 2018 Class Settlement Agreement, the Class Administrator of the $5. nv py rv ol fc wt jp ge cj pu