MASTERCARD INC: CID on Breach of DOJ Settlement Ended on Feb. 10

The U.S. Department of Justice, on Feb. 10, 2008, informed MasterCard Incorporated that it had closed its investigation that led to the issuance of a Civil Investigative Demand (CID).

On Feb. 25, 2008, the Antitrust Division of the DOJ issued a…

MASTERCARD INC: Cooperates w/ DOJ on Merchant Acceptance Inquiry

MasterCard Incorporated is cooperating with the U.S. Department of Justice on a Civil Investigative Demand (CID) over certain rules relating to merchant acceptance.

On Oct. 10, 2008, the Antitrust Division of the DOJ issued a CID to the Company and other…

MASTERCARD INC: eFunds Corporation’s Lawsuit Settled on Dec. 23

MasterCard Incorporated and eFunds Corporation, on Dec. 23, 2008, executed a settlement agreement resolving an action concerning the termination of a Marketing Sales and Services Alliance Agreement.

On Dec. 13, 2006, the Company notified eFunds that it was terminating the Agreement…

DISCOVER FINANCIAL: Files Counterclaims Against Morgan Stanley

Discover Financial Services Inc. disclosed in its latest Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission that on Nov. 18, 2008, it filed counterclaims against Morgan Stanley related to a lawsuit over the parties’ Special…

DISCOVER FINANCIAL: Settles Suit vs. Visa & MasterCard on Nov. 4

Discover Financial Services Inc. disclosed in its latest Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission that the parties in the suit styled “Discover Financial Services, Inc. v. Visa USA Inc., MasterCard Inc. et al.,”…

DISCOVER FINANCIAL: October 14 Trial Set for Suit v. Mastercard

An Oct. 14, 2008 trial is scheduled for the lawsuit captioned,

“Discover Financial Services, Inc. v. Visa USA Inc., MasterCard

Inc. et al.,” pending in the U.S. District Court for the Southern

District of New York.

On Oct. 4, 2004,…