In a ruling issued 22 October 2009, the judge hearing the Federal class-action lawsuit against credit card companies for fraudulently hidden and/or inflated fees for credit, debit, and ATM transactions in foreign currencies has overruled all of the objections to the settlement and to the plan for allocating what’s left of the third of a billion dollar settlement fund after the lawyers get their fee. The only major change made by the judge was to cut the lawyers’ fee down from the US$85 million they asked for to a little over US$50 million (plus expenses).
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