Our Previous Financial Services Antitrust Cases
Our lawyers have litigated financial services industry antitrust claims in the following cases:
Treasury Securities Antitrust Litigation
Pillsbury & Coleman, LLP currently represents borrowers whose consumer loan interest rates are tied to the rates established through the federal government’s periodic auctions of treasury securities. The defendants are major financial corporations that allegedly conspired to illegally inflate the interest rates established by the federal treasury securities auctions. Treble damages are expected to be in the billions of dollars.
Visa USA Indirect Purchaser Antitrust Cases
Co-counsel for Visa in defense of consumer class action cases in numerous states alleging anti-competitive practices in the credit card and debit card markets.
Result: Nearly all antitrust claims resolved in favor of Visa through court dismissal or summary judgment. Remaining cases resolved through settlement.