FOOD MARKETING INSTITUTE (USA) & CLASS ACTION CAPITAL PARTNERSHIP PORTAL
Payment Card Antitrust Litigation $5.54 Billion
This settlement resolves allegations that VISA, MasterCard and their issuing banks violated the law by charging excessive interchange fees to merchants. The settlement received final approval on December 13, 2019 and the settlement fund is approximately $5.54 billion. Your organization is likely eligible for a refund if you accepted VISA or MasterCard branded credit or debit cards as a form of payment between January 1, 2004 – January 25, 2019.
Claim forms are available beginning December 1, 2023, when they will be delivered and available online. Class members need not sign up for a third-party service in order to participate in any monetary relief. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. Class members may visit www.paymentcardsettlement.com, the Court-approved website for this case for additional information. The claim filing deadline is May 31, 2024.
CATHODE RAY TUBE (CRT) Litigation – $610,000,000
The case alleges that from 1995-2007, leading electronics manufacturers colluded to fix and maintain the cost of cathode ray tube screens and monitors, resulting in businesses and consumers paying more for computers, televisions and other products than they would have in a competitive market.
The case resulted in settlements totaling approximately $610,000,000 on behalf of all persons and businesses that indirectly purchased CRT products for their own use and not for resale (“End Users”) that purchased CRT products in Arizona, California, the District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, South Dakota, Tennessee, Vermont, West Virginia and Wisconsin.
Although these settlements also released the claims of End Users in the states of Massachusetts, Missouri and New Hampshire, End Users in these states were not permitted to participate in the prior claims processes in 2015 and 2016 for the first $576,750,000 of the settlement fund.
Class members from the states of Massachusetts, Missouri and New Hampshire were forced to release their claims but were not entitled to recover funds from the settlement funds, and appealed approval of the court’s previous settlements. The United States Court of Appeals for the Ninth Circuit agreed that class members in these states were treated unfairly and should have been entitled to participate in the settlement fund.
FOOD PURCHASER CLASS ACTION LITIGATION and SETTLEMENTS
There are a number of ongoing cases pertaining to the commercial food purchaser industry. These settlements/ cases potentially represent billions of dollars in damages and stem from alleged antitrust violations.
Case 1: Broiler Chicken Antitrust Settlement (covers 98% of all consumed chicken)
Case 2: Packaged Seafood Antitrust Settlement
Case 3: Mushroom Direct Purchaser Antitrust Settlement
Case 4: Korean Ramen Noodle Settlement
Case 5: First Impressions Salon Inc. v. National Milk Producers Federation (Dairy Farms)
For more information, please visit: http://52.70.59.55/cases/foodpurchaser/