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Visa/MC Interchange Fee Settlement
In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation | MDL No. 1720] ("Settlement"). Visa/Mastercard Settlement Update On May 26, 2026, Class Counsel filed a motion requesting Court approval of a second initial distribution of settlement funds. On June 15, 2026, the Court approved the motion, finding that the proposed distribution is in the best interests of eligible claimants while protecting those whose claims are not yet ready for distribution. The
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Canadian Credit Card Settlement
Settlement Fund $131,000,000 (net) Canadian dollars Settlement Period March 23, 2001 - September 2, 2021 Claim Filing Deadline December 30, 2022 Overview Class actions were started in Canada claiming certain banks and Visa and Mastercard (the “Defendants”) conspired to set higher interchange fees and to impose rules restricting merchants’ ability to surcharge or refuse higher cost Visa and Mastercard credit cards. “Interchange Fees” are fees paid by merchants and collected by
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LIBOR Bondholder and Green Pond Settlements
Two new settlements are available that cover certain LIBOR-Based financial instruments. Information on these settlements can be found below. LIBOR Bondholder Settlement Settlement Fund $68,625,000 Class Period August 2007 – May 2010 Claim Filing Deadline December 28, 2020 PLEASE NOTE: THE FILING DEADLINE TO SUBMIT A CLAIM TO THIS SETTLEMENT HAS PASSED. MCAG WILL UPDATE CLIENTS ACCORDINGLY ONCE INFORMATION IS AVAILABLE ON DISTRIBUTIONS FROM THIS SETTLEMENT. Overview The Bondho
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LIBOR Manipulation Settlements
LIBOR-Based Financial Instruments Antitrust Litigation, No 11-md-02262 $191 MILLION IN NEW SETTLEMENTS CREATED Settlement Funds $781 million to date (expected to be billions once additional Defendants settle) Settlement Period August 2007 – May 2010 Next Claim Filing Deadlines December 15, 2023; February 10, 2024 Settling Defendants: Barclays, Citibank, Deutsche Bank, HSBC, Lloyds, MUFG Bank Ltd., Norinchukin, Portigon, Rabobank, Royal Bank of Canada, Société Générale. Remain
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