Ross v. American Express Co.

MEMORANDUM & ORDER

WILLIAM H. PAULEY III, District Judge:

Plaintiffs Robert Ross and Randal Wachsmuth bring this class action asserting Sherman Act violations against Defendants American Express Company, American Express Travel Related Services and American Express Centurion Bank (collectively, “Amex”). Specifically, Plaintiffs allege that Amex and its competitors con*354spired to fix foreign currency conversion fees (the “FX Fee”) and to impose arbitration clauses in cardholder agreements. Amex moves for summary judgment on all claims. For the following reasons, Amex’s motion is denied.

BACKGROUND1

I…