Richard Marshall/St. Paul Pioneer Press 
 Mike Schumann, co-owner of Traditions Classic Home Furnishings in St. Paul, Minn., and Naples is an original plaintiff in a class-action lawsuit by retailers against Visa, MasterCard and several banks. The lawsuit claims the credit card companies and banks conspired to engage in price-fixing on credit card transaction fees and with a proposed settlement for $7.25 billion the case could become one of the largest anti-trust class-action settlements in U.S. history.

Photo by Richard Marshall

Richard Marshall/St. Paul Pioneer Press
Mike Schumann, co-owner of Traditions Classic Home Furnishings in St. Paul, Minn., and Naples is an original plaintiff in a class-action lawsuit by retailers against Visa, MasterCard and several banks. The lawsuit claims the credit card companies and banks conspired to engage in price-fixing on credit card transaction fees and with a proposed settlement for $7.25 billion the case could become one of the largest anti-trust class-action settlements in U.S. history.

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