From BankInfoSecurity.com:
A federal judicial panel will hear arguments next week on whether to consolidate the class action lawsuits brought against Heartland Payment Systems (HPY) by financial institutions. The Judicial Panel on Multidistrict Litigation in Louisville, KY will hear the arguments next Wednesday, according to Benjamin Johns, one of the lawyers representing the class action suit from the law firm of Chimicles & Tikellis, Haverford, PA.