The credit union industry has kept a close watch on the litigation involving credit card interchange, but few people know that the merchant who launched the lawsuit against Visa, MasterCard and six major banks is not a huge retailer.
In fact, the lead plaintiff in the largest proposed antitrust settlement in U.S. history is actually a small business owner.
Mitch Goldstone, president/CEO of ScanMyPhotos.com, an online photo service based in Irvine, Calif., filed the lawsuit in 2005 with his partner, Carl Berman.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
