WASHINGTON, March 27 The U.S. Supreme Court on Monday declined to hear a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa Inc and Mastercard Inc over claims the card networks improperly fixed credit and debit card fees.
The high court left in place a lower court's decision last year that threw out the settlement on the basis that it was unfair to retailers that stood to receive no payments and derive no other benefits.
(Reporting by Lawrence Hurley; Editing by Will Dunham)
UPDATE 1-RBC to pay $16.5 mln to clients in regulatory settlement
TORONTO, June 27 Royal Bank of Canada on Tuesday agreed to pay C$21.8 million ($16.5 million) in compensation to clients who were charged excess fees for mutual fund products and fee-based accounts.
UPDATE 1-Bitcoin exchange operator tied to hacks gets 5-1/2 years U.S. prison
NEW YORK, June 27 A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.