“NACS does not accept this proposed settlement, and we reserve the right to fight it if other class representatives do accept it,” says Henry Armour, NACS president and CEO, on the proposed settlements between merchants and credit card companies. NACS rejected the proposed settlement of antitrust litigation between merchants and the credit card industry. NACS…
Supreme Court Upholds Health Care Law
“The Court’s decision to keep in place employer mandates will place significant burdens on nearly 40% of our industry and put these businesses at a substantial competitive disadvantage,” says NACS chairman. The Supreme Court upheld President Barack Obama’s 2010 health care law Thursday, June 28, 2012, MSNBC Online reported. The ruling allows the government to…
Tom Robinson Leads Slate of 2010-11 NACS Executive Committee Officers
NACS announced the election of its 2011-12 Executive Committee during its Board of Directors meeting at the NACS Show in Chicago. Tom Robinson, president of Santa Clara, Calif.-based Robinson Oil Corp., was named the association’s 2011-12 chairman of the board. Robinson also chairs the NACS Executive Committee, which provides strategic direction and financial oversight to the…