Swipe fee legal battle hits critical deadline Several associations should learn in coming months whether their efforts to scuttle a proposed $7.25 billion legal settlement concerning credit card swipe fees have met with success, although opponents signaled Friday they will not go down without a fight. Today is the deadline for parties in a 2005 lawsuit about swipe fees charged by Visa and MasterCard to indicate whether they want to opt out of their share of the settlement. Several associations have already stated that they want no part of it, and have been active in urging their business members to follow their example. The business groups say the terms of the settlement… Read More