Wal-Mart Stores, Inc., et al. v. Visa U.S.A. Inc. et al.

On January 4, 2005, the United States Court of Appeals for the Second Circuit handed down its decision on the appeal from the December 19, 2003, decision of the U.S. District Court for the Eastern District of New York, affirming the lower court's order. This was the decision awarding class action status for millions of credit card merchants, involving the largest settlement in the history of antitrust law (more than $3 billion dollars).