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Litigation

Jun. 24, 2010

ATM Fee Suit Can Proceed

ATM cardholders who allege that certain banks have illegally fixed the fees paid to ATM owners for non-customer withdrawals have survived a motion to dismiss their antitrust complaint.

By Rebecca Beyer

Daily Journal Staff Writer

ATM cardholders who allege that certain banks have illegally fixed the fees paid to ATM owners for "foreign" or non-customer withdrawals have survived a motion to dismiss their third amended antitrust complaint. In an order issued Monday, San Francisco U.S. District Judge Charles R. Breyer dismissed part of the plaintiffs' case but ruled the cardholders could proceed with their theory...

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