Federal antitrust litigation brought by a consortium of retailers over interchange fees charged on Visa and MasterCard transactions between January 2004 and November 2012, which led to an out-of-court settlement finalized on December 13, 2013, has been thrown out by the U.S. Circuit Court of Appeals for the Second Circuit in New York. The case was also decertified as a class action. Originally valued at $7.25 billion and considered the largest all-cash antitrust settlement in U.S. history, the amount of the settlement dropped to $5.7 billion after roughly 8,000 of the original 12 million re...