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Medical Credit Cards Earn a Warning from New York Regulator

With increasing numbers of health care professionals urging patients to use medical credit cards to pay for treatments not covered by their insurance plans, New York Attorney General Eric T. Schneiderman has issued a consumer alert on the risks associated with health care financing. The cards and...

$544.8 Million in Attorneys’ Fees Awarded in Credit Card Class Action

The U.S. District Court for the Eastern District of New York has granted attorneys’ fees in the amount of $544.8 million, and expenses in the amount of $27,037,716.97, in the antitrust class action brought in 2005 by merchants against Visa, MasterCard, and a number of banks, alleging that the defendants...