9th Circuit Panel Denies Rehearing In ATM Fee Antitrust Suit

SAN FRANCISCO - A Ninth Circuit U.S. Court of Appeals panel on March 13 denied a petition for rehearing en banc filed by automated teller machine (ATM) cardholders in an antitrust class action lawsuit who are seeking damages related to the fixed interchange fee that a card-issuing bank pays to the ATM owner and the foreign ATM fee that the cardholder pays to his bank when the cardholder uses ATMs owned by other institutions (In re: ATM Fee Antitrust Litigation, Pamela Brennan, et al. v. Concord EFT, Inc., et al., No. 10-17354, 9th Cir.). Full story on lexis.com