RK&O Client Alert: Visa/Mastercard Class Action Inches Toward Settlement

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January 30, 2019

Yield-seeking investors, spooked by the current volatility of the equity and credit markets, continue to seek non-market correlated investments. One such opportunity may be the claims of merchant class members in the years-long Visa and Mastercard antitrust litigation concerning “interchange” transaction fees. Following recent developments, investors in those claims now appear to be closer to realizing on their investment, though several steps still remain before the value of those claims can be realized.

In this client alert, RK&O partners Paul B. Haskel and Matthew M. Riccardi analyze the preliminary approval of the proposed class action settlement and review the key timeline of next steps.  

Click here to read the client alert.