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As of mid-January 2012, the Settlement Administrator has issued distribution checks for the more than 10,000,000 valid, timely-filed claims submitted in the In re Currency Conversion Fee Antitrust Litigation settlement.

You should note that distribution checks will be void after 120 days from the date on the check. If you have received a settlement check, please promptly deposit it before the check's 120-day expiration date.

If you submitted a valid, timely claim and you have not received a check, please contact the Settlement Administrator or Co-Lead Class Counsel. To assist such inquiries, claimants should provide as much of the following information as possible: name, current address (and the address used when the claim was submitted, if different), current contact information (e.g., telephone or email), Claim number or Refund ID number, and the type of claim submitted.

Please be advised that on April 30, 2012, the Court entered an Order granting final approval of the proposed settlement in the related matter, Ross, et al. v. American Express Co., et al. To learn more about the Ross v. American Express settlement, please click here.

Please continue to monitor this website for updates concerning the refund process. If you have changed your address, you should send any updated information to the Settlement Administrator.

As a reminder, any claim form postmarked after May 30, 2008 will be deemed untimely and, pursuant to the Court's October 22, 2009 Order, will be disallowed from participating in the In re Currency Conversion Fee Antitrust Litigation settlement, although such late claims may be eligible to participate in the settlement of the related matter, Ross v. American Express. Also note that due to the large number of claims that were submitted prior to the May 30, 2008 deadline, refund amounts have been adjusted downward (or "pro-rated").

In re Currency Conversion Fee Antitrust Litigation (MDL 1409)

Plaintiffs have challenged how the prices of credit and debit/ATM card foreign transactions were set and disclosed, including claims that Visa, MasterCard, their member banks, and Diners Club conspired to set and conceal fees, typically of 1-3% of foreign transactions, and that Visa and MasterCard inflated their base exchange rates before applying these fees. Foreign transactions made on any of the following cards are included in this lawsuit: Visa- and MasterCard-branded credit cards (including charge cards) and debit/ATM cards (including stored value and payroll cards), and Diners Club-branded credit cards (including charge cards). The Visa-branded cards include Visa-, Interlink-, and Plus-branded credit and debit/ATM cards; the MasterCard-branded cards include MasterCard-, Cirrus-, and Maestro-branded credit and debit/ATM cards. The lawsuit includes purchases, cash advances, cash withdrawals, and internet transactions. For more detailed information about the plaintiffs' claims, please review the Third Amended Complaint (PDF: 209.9 KB).

This web site is intended to provide information responsive to most questions and to enable claimants to file claims online. Details are provided regarding who you should contact if you have questions about this case which are not answered here. Please do not contact the Court, the defendants, or your bank with questions about this case which are not answered here.

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Current status last updated May 16, 2012

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