Month: June 2025

Victory in Trial Against Visa and Mastercard

The UK Competition Appeal Tribunal today ruled that Visa and Mastercard’s Multilateral Interchange Fees (MIFs or interchange fees) amounted to an infringement of UK and Irish competition law. This is a significant victory for thousands of merchants located across Europe. The ruling in this case, led by the London office of Scott+Scott, is a landmark victory for its clients.

Scott+Scott Bolsters Securities Litigation Practice

Scott+Scott has strategically expanded its Securities Litigation Practice Group by adding former U.S. Securities and Exchange Commission attorney Karolina Klyuchnikova to its New York team. Ms. Klyuchnikova served as Enforcement Counsel at the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority, where she investigated and litigated violations of federal securities laws, such as fraud, insider trading, market manipulation, and material misrepresentations.

Scott+Scott Recognized in 3 Leading Legal Guides

Scott+Scott and several of our partners have been recently recognized by three leading legal publications and received top tier rankings. The accolades include recognition by Chambers & Partners, Lawdragon, and Legal 500. Chambers recognized Scott+Scott in its Antitrust: Mainly Plaintiff, New York category, highlighting that “the team handle some of the largest cases in the country.” Lawdragon named eight Scott+Scott partners in its 500 Leading Plaintiff Financial Lawyers Guide 2025.

Securities Case Against Hayward Moves Forward

A Scott+Scott Securities Practice Group case filed against pool manufacturer Hayward Holdings, Inc. and its top executives has successfully overcome a significant hurdle to move forward. Judge William J. Martini, United States District Court Judge for the District of New Jersey, this week granted in part and denied in part the defendants’ motions to dismiss the case. As the consolidated amended class action complaint alleges, the defendants made false and misleading statements about the company’s channel inventory, demand, and sales.