IN RE VISA CHECK/MASTERMONEY ANTITRUST LITIGATION

No. 96 CV 5238(JG).

297 F.Supp.2d 503 (2003)

In re VISA CHECK/MASTERMONEY ANTITRUST LITIGATION This Document Relates to All Actions:

United States District Court, E.D. New York.

December 19, 2003.


Attorney(s) appearing for the Case

Lloyd Constantine, Robert L. Begleiter, Constantine & Partners, P.C., New York City, Lead Attorneys for Plaintiff Class.

M. Laurence Popofsky, Stephen V. Bomse, Heller Ehrman White & McAuliffe, LLP, San Francisco, CA, for Defendant Visa U.S.A. Inc.

Kevin J. Arquit, Joseph F. Tringali, Simpson Thacher & Bartlett LLP, New York City, Kenneth A. Gallo, Clifford Chance LLP, Washington, DC, for Defendant MasterCard International Incorporated.

Lawrence W. Schonbrun, Berkeley, CA, for Roman Buholzer d/b/a The Continental Garden Restaurant.

John W. Davis, Steven Helfand, San Francisco, CA, for Rent Tech, Inc. and Rental Solutions, Inc.

John J. Pentz, Class Action Fairness Group, Sudbury, MA, for Round House, Inc. d/b/a Smuggler's Cove.

Richard J. Archer, Archer & Hanson, Occidental, CA, Matthew Floum, Brooklyn, NY, for Reyn's Pasta Bella, LLC, Jeffrey Ledon Deweese, M.D., Barry Leonard d/b/a Critter Fritters, and Hat-in-the-Ring, Inc. d/b/a Eddie Rickenbacker's.

Joshua R. Floum, Holme Roberts & Owen, LLP, San Francisco, CA, for Wells Fargo Bank, N.A.

Stanley M. Grossman, Pomerantz Haudek Black Grossman & Gross LLP, New York, Golomb Honik & Langer, Philadelphia, PA, for Nu-City Publications, Inc.

Fred T. Isquith, Wolf Haldenstein Adler Freeman & Herz LLP, New York, for Plaintiff Class and Class Representative, UCC QuickDocs, Inc.

John W. Rasmussen, Johnson Rasmussen Robinson & Allen PLC, Mesa, AZ, for Armenta's Mexican Food, Inc. and Lupita Llamas Martinez d/b/a Del Yaqui Restaurant.

Edward W. Cochran, Shaker Heights, OH, John F. Duane, New York City, for Leonardo's Pizza By the Slice, Inc. and 710 Corp.

William Kenneth C. Dippel, Dippel & Davis, PLC, Dallas, TX, for Preston Center Personal Training, Inc.

R. Stephen Griffis, Birmingham, AL, for Sound Deals, Inc. and Digital Playroom, Inc.


MEMORANDUM AND ORDER

GLEESON, District Judge.

In this antitrust action, a class of approximately five million merchants (the "Class") alleges that, among other things, defendants Visa U.S.A. Inc. ("Visa") and MasterCard International Incorporated ("MasterCard") have illegally tied their debit products to their credit cards, in violation of the Sherman Act. Just as the trial was about to commence, the parties agreed to settle. Essentially, the defendants...

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