Litigation

Recent Posts

Debit Card Issuer Sues Fed Chairman Over Fees
Posted on 13 Oct 2010 by LexisNexis Litigation Resource Community Staff

SIOUX FALLS, S.D. - (AP) TCF National Bank sued Federal Reserve chairman Ben Bernanke and the Fed's board of governors on Tuesday, saying regulations limiting the fees a bank can charge retailers for debit card transactions are unconstitutional. Minnesota... Read More

Government Sues 3 Biggest Credit Cards, Settles With 2
Posted on 5 Oct 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa. "We want to put more money in consumers'... Read More