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HomeMy WebLinkAboutResolution No. R2022-21RESOLUTION NO. R2022-21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, APPROVING A NOTICE OF INTENTION TO OPT OUT OF THE CLASS ACTION LITIGATION B&R SUPERMARKET, INC., ET AL. V. VISA, INC., ET AL., CASE NO, 17-CV- 02738 IN THE U.S. DISTRICT COURT, EASTERN DISTRICT OF NEW YORK; DIRECTING THE CITY ATTORNEY TO FILE SUCH NOTICE WITH THE CLASS ACTION SETTLEMENT ADMINISTRATOR; AND PROVIDING FOR AN EFFECTIVE DATE. *ax*�**s*�:**x�**xa�s***■rx***�**r******x**�stxx*ssr**********x***s**�x*r*****a<****�***x**** WHEREAS, B&R Supermarket, Inc., et al. v. Visa, Inc., et al., Case No. 17-cv-02738 in the U.S. DisGict Court, Eastern District ofNely York (the "Lawsuit") has been certified as a class action lawsuit; and WHEREAS, the lawsuit alleges that the Defendants Visa, Mastercard, American Express, and Discover violated antitrust laws by illegally acting in concert in shifting the liability for certain fraudulent charges on their networks to merchants when the card was enabled with EMV/chip technology and the merchant's terminal was not enabled for EMV/chip technology; and WHEREAS, the City of Friendswood has been identified as an Initial Class Member, as it incurred a chargeback on a credit/debit card transaction between October 1, 2015, and September 30, 2017; and WHEREAS, the City can choose to remain a member and participate in the lawsuit or opt out of the class and not participate in the lawsuit; and WHEREAS, after considering the lawsuit, the City Council believes that it is in the best interest of the City and its citizens to opt out of the class; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. That the facts and matters set forth in the recitals of this resolution are hereby found to be true and correct. Section 2. That the City Council elects to exclude itself from the Class by opting out of the Lawsuit. As such, the City Council hereby authorizes the Mayor to execute the Opt -Out Form, which is attached hereto as Exhibit "A" and incorporated herein for all intents and purposes (the "Notice"). Section 3. That the City Attorney is directed to submit the Opt Out Letter to FLS Litigation Administrator, P.O. Box 6430, Portland, OR 97228-6430, on or before August 31, 2022. Section 4. That this resolution shall be effective immediately upon its passage and approval. PASSED, APPROVED and ADOPTED by the affirmative vo f the City Council of the City of Friendswood on this the 1111 day of July, 2022. 1 nNtlWrMAtrfh5KW ATI BRYSCH, City APPROVED AS TO H:\City CouncilUtesolulions12022\07-I 1-2022\Resolution -Opt out of Mtihust Lawsnildocx Exhibit "A" �Q�EN°SwOOo �agxA y July 1 I, 2022 FLS Litigation Administrator P.O. Box 6430 Portland, OR 97228-6430 Re: Opt Out Request Letter B&R Supermarket, Inc., el al. v. Visa, Inc., et al., Case No. 17-cv-02738 in the U.S. District Court, Eastern District of New York Dear Sir or Madam: Class Member Full name: City of Friendswood Address: 910 S. Friendswood Drive, Friendswood, TX 77546 Telephone Number: 281-996-3200 Tax Id: — The Ciry of Friendswood falls within Class Member definition but wishes to keep the right to sue or continue to sue the Settling Defendants about the legal issues in the above -referenced case. As such, the City of Friendswood desires to be excluded from the class in B&R Supermarket, Inc., et al. v. Visa, Inc., et aI., Case No. 17-cv-02738 in the U.S. District Court, Eastern District of New York. Please accept this letter as the City of Friendswood's decision to opt out of the above -referenced lawsuit. As Mayor of the City of Friendswood, I have been duly audrorized and directed by the City Council of the City of Friendswood, Texas, to execute this Opt Out Request Letter and take other actions necessary to exclude the City of Friendswood from this Class Action. If you have any questions or need any further information, please do not hesitate to contact me. Sincerely, Mike Foreman Mayor Date: H:\City ConncilViesolutions\2022\07-11-2022\Opt Out Letter Re nfiR Supemmrket.dacs