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Plaintiffs' Lawyers Argue Kendall Won't Sink Their Interchange Cases

Tags » Associations, Interchange Fees, MasterCard, Visa

Digital Transactions reports on why other class action lawsuits against Visa, MasterCard and a number of member banks are more likely to succeed that was the case with a California small business interchange anti-trust case that was dismissed earlier this week.

K. Craig Wildfang, a Robins, Miller partner, says the Kendall suit failed because of technical issues that his suit addresses. “I don’t think it’s going to have any impact,” he tells Digital Transactions News. “The decision in Kendall was a decision on the pleadings. The court found that the lawyers in the case had failed to adequately plead the allegations in the complaint.”

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If only all plaintiff's lawyers were so inept, but can't count on it.

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