Content about Settlement

November 1, 2012
NRF asks judge to reject swipe-fee settlement

The National Retail Federation and more than a dozen of the nation’s most prominent retailers today asked a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring credit card swipe fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

Washington -- The National Retail Federation and more than a dozen of the nation’s most prominent retailers today asked a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring credit card swipe fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

September 12, 2012
Family Dollar to settle with New York store managers for $14 million

Family Dollar Stores said it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

Matthews, N.C. -- Family Dollar Stores said Wednesday it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

The preliminary settlement provides for a maximum payment of $14 million by Family Dollar. Settlement terms are pending court approval, and the discounter plans to record a fourth quarter charge to cover the costs.

 

March 11, 2008
Nash Finch to Settle Lawsuit

Food wholesaler and retailer Nash Finch said Wednesday that it signed a Stipulation of Settlement,...

March 2, 2005
PriceSmart Closes Chapter on Restatement

San Diego, PriceSmart...