On September 18, 2018, a Superseding and Amended Definitive Class Settlement Agreement was filed with the Court.
This is a proposed $5.56–$6.26 billion settlement to provide payments to merchants who accepted Visa and MasterCard at any time from January 1, 2004.
The terms of this proposed settlement would modify, amend and supersede the Definitive Class Settlement Agreement in which approval was reversed and remanded by the Second Circuit Court of Appeals on June 30, 2016.
If the Court grants preliminary approval to the new settlement, relevant documents, dates, deadlines and other information will be posted on this website. Following preliminary approval, known class members would be mailed a notice about their legal rights and the release of their claims. Information about the settlement would also be published in online media as well as in newspapers, consumer magazines and trade publications.
Claim forms and payments are not available at this time. If the Court grants final approval and any appeals are resolved, the Court will approve a claim form and set a claim deadline.
Updates about the settlement will be posted on this website as they become available.