U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-28-2009, 10:48 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 14,516,698 times
Reputation: 6378

Advertisements

CCFSettlement.com - Home

As one of the people who was affected by this, It's relevant to my interests. (Full disclosure, I'm one of the class action members.)

Maybe you were affected, too. If you made any foreign transactions with a credit or debit card.

Probably be in appeals for 15 more years, HA> I don't think it's too late to get your money, tho.

**********
Subject to final Court approval, a settlement has been reached in In re Foreign Currency Conversion Fee Antitrust Litigation (MDL 1409). This web site supplies information about the litigation and the settlement, and provides links to relevant documents for Members of the Settlement Classes and others interested in the settlement.

The lawsuit is about the price cardholders of Visa-, MasterCard-, or Diners Club-branded payment cards were charged to make transactions in a foreign currency, or with a foreign merchant, between February 1, 1996 and November 8, 2006. Plaintiffs challenge how the prices of credit and debit/ATM card foreign transactions were set and disclosed, including claims that Visa, MasterCard, their member banks, and Diners Club conspired to set and conceal fees, typically of 1-3% of foreign transactions, and that Visa and MasterCard inflated their base exchange rates before applying these fees. The Defendants include Visa, MasterCard, Diners Club, Bank of America, Bank One/First USA, Chase, Citibank, MBNA, HSBC/Household, and Washington Mutual/Providian. They deny the Plaintiffs' claims and say they have done nothing wrong, improper, or unlawful.

***********************
Defendants have created a settlement fund of $336,000,000 to pay valid claims, attorneys' fees and expenses, any service awards to class representatives ordered by the Court, and the costs of administering the settlement and notice.

That's the interesting part.

They have chosen to settle this case to avoid the inconvenience, expense and uncertainty of litigation.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 12-28-2009, 01:09 PM
 
20,194 posts, read 21,553,888 times
Reputation: 9234
I am part of the class action member as well... still haven't seen any money or received any notice... I did move but all mail was forwarded to my new address... doubt I will see a dime...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 12-29-2009, 10:47 AM
 
9,840 posts, read 20,522,642 times
Reputation: 7667
I think it's been over two years since I filed everything. Looks like they still need a final approval on the settlement.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 12-29-2009, 10:58 AM
 
4,010 posts, read 9,294,284 times
Reputation: 1595
Yeah I did this too and got JS.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-16-2011, 09:17 PM
 
1 posts, read 4,524 times
Reputation: 11
i just received a check for $18.04 today.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-22-2011, 01:06 PM
 
9,840 posts, read 20,522,642 times
Reputation: 7667
Yep I got a check the other day, so looks like it's all done and over with.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-22-2011, 05:59 PM
 
Location: Metro Detroit, Michigan
18,078 posts, read 16,531,873 times
Reputation: 17999
How can I go about making a claim? I know I withdrew money from ATMs in Canada years ago, as well as made purchases. Without any receipts or anything, what proof would I have?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-22-2011, 07:14 PM
 
20,194 posts, read 21,553,888 times
Reputation: 9234
I fired off an email and see where my money is...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-23-2011, 12:58 AM
 
Location: Carmichael, CA
2,106 posts, read 3,524,814 times
Reputation: 3475
I got a check for $18. also. The only ones who make money on class action lawsuits are the attorneys.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-23-2011, 02:02 PM
 
1 posts, read 4,101 times
Reputation: 11
I have $18.04 today too, its in my father's name and he died. How do I cash it.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top