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Posts tagged "Business Litigation"

Merchants, credit card companies settle lawsuit for $6.2 billion

Visa, Mastercard and several credit-card issuing banks have agreed to settle a long-running dispute with merchants over credit card swipe fees. The class action lawsuit was brought more than a decade ago on behalf of approximately 12 million retailers who accept credit cards.

Tribune ends merger deal, announces lawsuit against Sinclair

Those concerned about media consolidation had criticized the proposed merger between Tribune Media Company and Sinclair Broadcast Group. The concerns heated up after Sinclair made headlines in April by ordering dozens of its TV stations to present the exact same speech about "biased and false news." The cookie-cutter speech was noticed by comic John Oliver, who called it propaganda.

Papa John's founder fights 'poison pill' used to keep him out

A couple of weeks ago, Papa John's founder John Schnatter resigned as chairman after reportedly using the N-word during a company conference call in May. He has since apologized for the slur and said that stepping down was a mistake; he was pressured to do so by board members he feels were acting on "rumor and innuendo."

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