American Express Co. and merchants fighting the company over rules governing credit-card fees are headed back to the negotiating table (American Express Anti-Steering Rules Antitrust Litigation, E.D.N.Y., 1:11-md-2221, hearing 10/29/15).
Lawyers for American Express and U.S. retailers on Oct. 29 told a federal judge in Brooklyn, they expect to restart talks in the near future. The judge appointed a new lawyer, Michael Hausfeld, to act as a lead attorney for the merchants.
“I just want to thank you, again, Mr. Hausfeld, for picking up the baton on this case,” U.S. District Judge Nicholas Garaufis said at a ...
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