Dear CFA Members,
As previously reported, last year the U.S. Court of Appeals approved the biggest antitrust class-action settlement in history and set aside about $6 billion for U.S. merchants who paid artificially inflated Visa and Mastercard interchange fees. As a result, Coalition of Franchisee Associations members who accepted Visa and/or Mastercard at any time between Jan. 1, 2004, to Jan. 25, 2019, may be entitled to a share of the settlement.
As an update, the court granted an extension of the claims filing deadline from May 31, 2024, to Aug. 30, 2024.
Click here to learn more and to submit a claim before the updated deadline, Aug. 30, 2024.