Leading Risk Management and Derivatives Expert to Address Credit Crunch at London Event

With world financial markets still in turmoil, a leading expert in risk management and derivates will speak on the credit crunch in London, UK on October 23. Read more…

Merchant Advisory on Mailing of Notices of Estimated Cash Payment Awards for PIN Debit Damages

16.10.2008 01:05 Political Press Releases

ADVERTISEMENT

To: NATIONAL EDITORS

Contact: Patricia O'Keefe of Constantine Cannon LLP, +1-202-204-3517

NEW YORK, Oct. 15 /PRNewswire-USNewswire/ -- The following letter is being issued by Constantine Cannon LLP:

Dear Merchants,

Constantine Cannon LLP, Lead Counsel for U.S. merchants in the Visa Check/MasterMoney Antitrust Litigation (CV 96-5238), advises Class Members as follows:

Notices of estimated cash payment awards for PIN Debit damages will be mailed on October 15, 2008 to Class Members that completed the PIN Debit portion of their Claim Forms. These Class Members are U.S. merchants that installed PIN pads and accepted PIN Debit transactions at some time during the period of October 1992 through July 2003 and therefore are eligible to receive payment for PIN Debit overcharges.

PIN Debit Class Members that agree with their estimated cash payment awards do not have to do anything further upon receipt of the notices and will receive their payments upon Court authorization. Class Members wishing to challenge their estimated cash payment awards have 30 days from the date of the letter to do so.

Lead Counsel expects that payments for online PIN Debit overcharges will begin in December 2008, but certain factors could affect the timing of this distribution.

Additional information regarding the claims and payment process is available by calling 1-888-641-4437 or visiting the case website at: http://www.inrevisacheckmastermoneyantitrustlitigation.com.

Sincerely,

CONSTANTINE CANNON LLP

Lead Counsel for the ClassCounsel@InreVisaCheckMasterMoneyAntitrustLitigation.com

SOURCE Constantine Cannon LLP

-0-

  • Email Story
  • IM Story
  • Printable View
  • Yahoo! Buzz

    Politics News

  • McCain seeks to recharge candidacy at final debateAP
  • RNC pulls ads from Wisconsin, Maine to focus on red statesAP
  • High Ga. turnout as 540,000 cast ballots earlyAP
  • Biden says Obama would create 2 million jobsAP
  • Axelrod: McCain 'on the wrong side of history'Politico

    Most Viewed - Politics

  • McCain talks economy with HillaryPolitico
  • McCain's task: Break Obama's disciplinePolitico
  • Palin sees similarities between NH and AlaskaAP
  • McCain seeks to recharge candidacy at final debateAP
  • RNC out of Wisconsin, Maine; focuses on red statesAP

Add comment  Add comment

Name: 
E-Mail: 
Comment: 
Captcha
Enter code: 


Google

Last added

Navigation

Visit Also

Meta