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Payment Card Interchange Fee and Merchant Discount Antitrust Litigation
The merchant plaintiffs in In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL Docket No. 1720 (JG)(JO) have asked a federal court in Brooklyn to preliminarily approve their landmark class action settlement. If preliminarily approved, Court notice of the proposed settlement will be given to merchant class members and a hearing to determine whether to grant Final Approval of the settlement will be scheduled by the Court.