Proposed $167.5 Million Settlement for Non-Bank ATM Users
Two law firms have announced a proposed class action settlement for individuals who made withdrawals from non-bank ATMs. The settlement may provide up to $167.5 million to eligible claimants.
Law firms Finkelstein Thompson LLP and Lovell Stewart Halebian Jacobson LLP have announced a proposed class action settlement potentially worth $167.5 million. The settlement concerns individuals who withdrew cash from non-bank automated teller machines (ATMs) within the United States during a specified period.
The lawsuit alleges that defendants, including Visa Inc. and Mastercard Incorporated, engaged in anticompetitive practices related to fees charged for non-bank ATM transactions. The proposed settlement covers individuals who made withdrawals from non-bank ATMs between October 24, 2007, and August 14, 2026, and were subsequently charged additional fees.
According to the announcement, the settlement requires court approval before it can be finalized. Details regarding how to file a claim and the overall claims process will be made available at a later date. Affected individuals are advised to consult official notices and dedicated websites for comprehensive information.
If approved, this settlement could offer compensation to a significant number of consumers who paid extra fees for using non-bank ATMs. The case highlights ongoing scrutiny of transaction fees and competition within the payment processing industry.