April 11, 2014
by Amy Mathieu
Judge William Pauley of the US District Court for the Southern District of New York dismissed a class action lawsuit on Thursday against American Express, Citigroup and Discover Financial Services that alleged the three credit card issuers violated the Sherman Antitrust Act by colluding to require ...[read more]
June 20, 2013
by Jaclyn Belczyk
The US Supreme Court ruled 5-3 Thursday in American Express Co. v. Italian Colors Restaurant that the Federal Arbitration Act (FAA) does not permit courts to invalidate a contractual waiver of class arbitration on the ground that the plaintiff's cost of individually arbitrating a federal statutory ...[read more]
October 4, 2011
by Clay Flaherty
On October 4, 2010, the US Department of Justice (DOJ) filed a civil antitrust lawsuit in the US District for the Eastern District of New York against credit card companies Visa, MasterCard, and American Express. The lawsuit challenged the companies' internal policies which prevented merchants ...[read more]
October 5, 2010
by Hillary Stemple
The US Department of Justice (DOJ) on Monday announced the filing of a civil antitrust lawsuit against credit card companies Visa, MasterCard and American Express. The lawsuit, filed in the US District Court for the Eastern District of New York, challenges rules utilized by the companies that ...[read more]
March 6, 2010
by Andrew Wood
Lawrence Korb: In recent congressional testimony, Army Chief of Staff, General George Casey Jr., argued that the Pentagon should not impose a moratorium on the discharge of military people who have come out or been outed as gay. This is both good news and bad news for those who support repeal... ...[read more]
March 24, 2009
by Andrew Wood
Alim Seytoff: If the United States chooses to accept the Uyghur detainees and resettle them in the US, the only thing China can do is to loudly protest such a decision by the Obama Administration. China will use its state-controlled media to attack the US, claiming that the U.S. is main... ...[read more]
July 12, 2005
by James Murdock
Leading Tuesday's corporations and securities law news, American Express has settled a lawsuit with New Hampshire and residents of the state. The state said it sued after learning the company had pressured agents in New Hampshire to sell its own underperforming options. New Hampshire had origin... ...[read more]
February 18, 2005
by Amit Patel
Leading Friday's corporations and securities law news, the New Hampshire Bureau of Securities Regulation filed a complaint against AEFA, the personal finance advisory unit of American Express Co., for failing to disclose to investors that its financial advisors were given incentives to push cer... ...[read more]
November 15, 2004
by Matt Lubniewski
American Express announced Monday that it is suing fellow credit card giants Visa and MasterCard, along with eight banks, alleging anticompetitive practices which prevented American Express from issuing credit cards through US banks. American Express said that it would seek damages in the bill... ...[read more]

Support JURIST

We rely on our readers to keep JURIST running

 Donate now!

© Copyright JURIST Legal News and Research Services, Inc., 2013.