Credit Card Litigation
IMPORTANT INFORMATION FOR PHARMACIES
THAT ACCEPT VISA OR MASTERCARD
|
Judge Gleeson, the United States District Court Judge presiding
over In re Payment Card Interchange Fee and Merchant Discount
Antitrust Litigation, has determined that certain information
regarding the settlement previously displayed on this website, and
others like it, was misleading.
As a result, Judge Gleeson has ordered that this website post this advisory. This is not the Court-approved Case Website. The Court is concerned, for example, that some class members who visited this site may not have fully understood their rights with regard to the proposed settlement and therefore may have made decisions without complete information. For information such as the Court-approved Notice, which provides a detailed description of the proposed settlement and class members’ rights and options in connection with the proposed settlement, please visit: www.paymentcardsettlement.com. Judge Gleeson recommends that you visit that site before deciding what action, if any, you wish to take regarding the settlement. You may also want to contact the attorneys appointed by the Court to represent the interests of the Class. |
NCPA IS OPTING OUT AND OBJECTING TO THE PROPOSED
SETTLEMENT IN IN RE PAYMENT CARE INTERCHANGE FEE AND
MERCHANT DISCOUNT ANTITRUST LITIGATION
AND RECOMMENDS THAT MEMBERS DO THE SAME
This is the NCPA website, not the Court-Approved website
NCPA's Legal Representation
NCPA's relationship with Class Counsel ended in July 2012. NCPA is now represented by Jeff Shinder of Constantine Cannon.
For more information or to request the forms needed to opt out and/or object, please contact NCPA at 703-683-8200.
Links
- Official court-authorized settlement website: www.paymentcardsettlement.com
The Court has appointed the law firms of Robins, Kaplan, Miller & Ciresi LLP, Berger & Montague, PC, and Robbins Geller Rudman & Dowd LLP to represent the Class as Class Counsel. Note that these firms do not represent NCPA; NCPA is represented by Constantine Cannon LLP. The following is a memo from Class Counsel who negotiated and approved the proposed settlement (click here). - To read the NCPA press release opposing the proposed settlement, click here
- To read a New York Times article about the effect that the proposed settlement could have on merchants, click here.
- To read the letter sent to Congress by NCPA and other Plaintiffs rejecting the settlement, click here.
- To read Senator Dick Durbin’s opposition to the proposed settlement, click here.