Another Step Closer to Final Approval of the Interchange Settlement

Electronic Payments Coalition | October 19, 2012

On October 19, 2012, class counsel, on behalf of numerous retailers who are proposed class representatives, filed the Definitive Settlement Agreement, as well as a motion to request that the Honorable Judge Gleeson of the U.S. District Court for the Eastern District of New York preliminarily approve a landmark settlement of a lawsuit over merchant interchange fees.

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