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 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 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 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 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.,”…
Tyler Technologies, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on June 27, 2008, it settled outstanding litigation related to two Stock Purchase Warrants owned by Bank of America, N.A.
The…
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,…
Bank of America Corporation says that, on June 17, 2008, the U.S. District Court for the Southern District of New York dismissed 25 claims from a lawsuit filed by Adelphia Communications Corporation.
These claims include the majority of the fraudulent transfer…
Bank of America Corporation and Bank of America, N.A. are cooperating with probes of several state attorneys general on municipal derivatives.
Beginning in April 2008, the Company and Bank of America, N.A. received subpoenas, interrogatories and civil investigative demands from the…
Syncora Holdings Ltd. continues to face lawsuits filed in the state courts in California over violations of California state antitrust laws and state common laws.
in July 2008, two lawsuits, City of Los Angeles v. Bank of America, N.A. et…