The class’ co-lead counsel at Hagens Berman, Quinn Emanuel, and Mehri & Skalet plan to seek attorney fees of up to 33% — or about $65 million — of the settlement fund, according to the motion. The settlement class is defined as those who paid an unreimbursed ATM access fee directly to any bank defendant or alleged bank co-conspirator for a foreign ATM transaction using a U.S.-issued ATM card to withdraw cash at an ATM located in the U.S. from Oct. 1, 2007, to the date of the preliminary approval order. The plaintiffs estimate the class could be as large as 175 million to 215 million individuals.
The consumers are represented by Steve W. Berman, Ben Harrington, and Benjamin J. Siegel of Hagens Berman Sobol Shapiro LLP, Adam B. Wolfson and Viola Trebicka of Quinn Emanuel Urquhart & Sullivan LLP, and Steven A. Skalet of Mehri & Skalet PLLC. Visa is represented by Matthew Eisenstein and Rosemary Szanyi of Arnold & Porter Kaye Scholer LLP. Mastercard is represented by Mitchell D. Webber of Paul Weiss Rifkind Wharton & Garrison LLP.
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