July 10, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Mastercard Inc (NYSE:MA) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Mastercard Inc.

The investigation by a law firm concerns whether certain Mastercard officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

On July 9, 2015 the European Commission has sent a Statement of Objections to MasterCard. The European Commission said that the Statement of Objections outlines the European Commission's preliminary view that MasterCard's rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher. The European Commission stated that as a result, retailers cannot benefit from lower fees elsewhere and competition between banks cross-border may be restricted, in breach of European antitrust rules. The European Commission also said that the Statement of Objections also alleges that MasterCard's interchange fees for transactions in the EU using MasterCard cards issued in other regions of the world breach European antitrust rules by setting an artificially high minimum price for processing these transactions.

Mastercard Inc reported that its annual Total Revenue rose from over $6.71 billion in 2011 to over $9.47 billion in 2014 and that its respective Net Income increased from over $1.9 billion to over $3.61 billion.

Shares of Mastercard Inc (NYSE:MA) grew from $69.78 per share in October 2014 to as high as $96.05 per share in June 2015.