CANADIAN CREDIT CARDS CLASS ACTION SETTLEMENT
Class Action Capital has identified that many corporations are likely eligible for compensation in connection with the Canadian Credit Cards Class Action Settlement.
Many companies that we speak with are eligible for these refunds but do not wish to pursue the claims filing internally due to limitations on their time and resources. Additionally, many firms’ data retention policies limit the relevant documentation they can readily gather.
Class Action Capital specializes in claim preparation and filing for over 5,000 corporate clients across the country. Since inception, we have assisted corporations with the management $450,000,000 in settlement claim values. Our offer is to assist your company in recovering your pro-rata share of the settlement funds by handling all the heavy lifting – including data collection and analysis, claim preparation and filing – on your behalf. The only thing Class Action Capital needs to get started is for your company to complete our Claim Authorization Form (below). Once completed, we will get to work analyzing your claim to prepare and file for the impending deadlines in a timely manner.
The Canadian Credit Cards Settlement alleges that defendants colluded to fix interchange fees and impose rules restricting merchants’ ability to surcharge or refuse higher cost Visa and Mastercard credit cards.
The defendants include Visa, Mastercard, Bank of America, Citigroup, Capital One, Desjardins, National Bank, Royal Bank of Canada, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, and the Bank Nova Scotia.
The settlement fund is $188,530,000.
In order to be eligible for potential compensation, your company must have accepted Visa and/or Mastercard credit card as payment for goods or services and incurred merchant discount fees, including interchange fees, in Canada from March 23, 2001 to September 2, 2021.