Card-Suit Proposal Irks NGA

“We think it is a bad deal. It’s good for the lawyers, and bad for the plaintiffs.” Peter Larkin, president and CEO, NGA

ARLINGTON, Va. — In what they themselves described as a “highly unusual” situation, the National Grocers Association here and other plaintiffs in a lawsuit against Visa, MasterCard and their card-issuing banks said they are not happy with a settlement that that was negotiated on retailers’ behalf by the law firms that represented them in the case.

“This settlement was crafted by class counsel without our input,” said Peter Larkin, president and chief executi

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