An investigation on behalf of investors in Mastercard Inc (NYSE:MA) shares over potential wrongdoing at Mastercard Inc was announced and NYSE:MA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/21/2015 -- An investigation for investors in shares of NYSE:MA shares was announced over potential breaches of fiduciary duties by certain Mastercard officers and directors.
Investors who purchased shares of Mastercard Inc (NYSE:MA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Mastercard officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On July 9, 2015 the European Commission has sent a Statement of Objections to MasterCard. The European Commission said that the Statement of Objections outlines the European Commission's preliminary view that MasterCard's rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher. The European Commission stated that as a result, retailers cannot benefit from lower fees elsewhere and competition between banks cross-border may be restricted, in breach of European antitrust rules. The European Commission also said that the Statement of Objections also alleges that MasterCard's interchange fees for transactions in the EU using MasterCard cards issued in other regions of the world breach European antitrust rules by setting an artificially high minimum price for processing these transactions.
Those who purchased shares of Mastercard Inc (NYSE:MA), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego