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Continued: Retail group opts out of $7.25 billion swipe settlement

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Last update: April 11, 2013 - 7:57 PM

According to merchants object.com, the group of lawyers who hammered out the agreement for retailers stand to make $700 million from the settlement.

Wildfang, a partner at Robins, Kaplan, Miller & Ciresi in Minneapolis, said he didn’t know what the final bill would be, but that they will ask for “a healthy fee.” They’ve been at this for almost nine years, he said, and the lawyers have invested more than $200 million in the case and haven’t been paid yet.

 

Jennifer Bjorhus • 612-673-4683

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