Wal-Mart, Target Join Opposition to $7.2 Billion Credit Card Settlement

, The Litigation Daily


A decade ago, Constantine Cannon and its client Wal-Mart Stores Inc. teamed up to wrest an historic $3 billion antitrust class action settlement from credit card companies, over the objections of some class members who called the settlement unfair. Now, with the card companies and their partner banks ready to shell out billions once again, it's Wal-Mart and Constantine that are challenging the deal.

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