Class Action Lawsuit Against Paypal - GoFuckYourself.com

MissMina · 07-27-2004, 01:44 PM

I don't know if this is old news or not or been posted before but check it out. A friend sent me the info.

https://www.paypal.com/settlement

fr8 · 07-27-2004, 01:46 PM

http://www.paypalsucks.com/ for all the info you need about them.

MissMina · 07-27-2004, 01:48 PM

Quote:

Originally posted by fr8
http://www.paypalsucks.com/ for all the info you need about them.

Thanks checking it out now

Shok · 07-27-2004, 01:49 PM

your cut will be about a buck fiddy

B40 · 07-27-2004, 02:07 PM

Is that only for US residents?

Jace · 07-27-2004, 02:13 PM

Quote:

Originally posted by Shok
your cut will be about a buck fiddy

ROFL...no shit...

zanycash Pete · 07-27-2004, 02:14 PM

Isn't paypal owned by Ebay?

Marcus Aurelius · 07-27-2004, 02:17 PM

yes paypal is owned by ebay now.

rowan · 07-27-2004, 02:18 PM

"...attorney's fees of up to $3,332,500 and reimbursement of expenses up to $135,000, to be paid from the $9.25 million settlement fund..."

That's a pretty hefty chunk of money going to the lawyers. I wonder if that's based on an estimate from the firm, or just an absolute maximum based on a percentage of the settlement fund.

(Short form claimants get sent a whopping $50, and even then they may not get the full $50 if there are insufficient funds. I dare say the lawyers will be paid in full?)

pushpills · 07-27-2004, 02:23 PM

I'm putting in a claim for account freezings.

I'm sure they will approve way more than they have cash for, and I'll end up with 40 cents....in like a year.

Doubt its even worth filling out

rowan · 07-27-2004, 02:24 PM

Does anyone know when paypal was supposed to have sent out the emails? From what I can gather I am a Class Member (account opened during that period, not in an excluded country etc) but I have never received any communication from Paypal about this.

B40, this seems to answer your question:

4. How Do I Know If I Am Part Of The Settlement?

The Court decided that everyone who fits this description is a Class Member:

All Persons who opened a PayPal account between October 1, 1999 and January 31, 2004.

In other words, you are a Class Member if you opened a PayPal account at any time between October 1, 1999 and January 31, 2004. Excluded from the Class are any judicial officer to whom this Litigation is assigned; PayPal and any of its affiliates; any current or former employee, officer, or director of PayPal; any residents of Austria, Belgium, Denmark, Germany, Greece, Finland, France, Ireland, Italy, Luxembourg, Portugal, Spain, Sweden, The Netherlands, or the United Kingdom; and all Persons who timely and validly request exclusion from the Class pursuant to the Notice disseminated in accordance with the Notice Order.

rowan · 07-27-2004, 02:27 PM

Quote:

Originally posted by pushpills
I'm putting in a claim for account freezings.

I'm sure they will approve way more than they have cash for, and I'll end up with 40 cents....in like a year.

Doubt its even worth filling out

Did they can you due to the adult rule? It might be harder to make a claim in that case?

AnalProbe · 07-27-2004, 02:30 PM

Quote:

Originally posted by rowan
Did they can you due to the adult rule?

huh ?

rowan · 07-27-2004, 02:30 PM

" Payment will be made to your PayPal account."

How ironic, I wonder how many people who are allowed to make a claim still have access to their PP account.

07-27-2004, 01:44 PM	#1
MissMina Confirmed User Industry Role: Join Date: Jan 2004 Posts: 2,478	Class Action Lawsuit Against Paypal I don't know if this is old news or not or been posted before but check it out. A friend sent me the info. https://www.paypal.com/settlement

07-27-2004, 02:07 PM	#5
B40 Confirmed User Join Date: Jul 2001 Posts: 7,020	Is that only for US residents? __________________

07-27-2004, 02:14 PM	#7
zanycash Pete Confirmed User Join Date: Jun 2004 Location: California Posts: 1,023	Isn't paypal owned by Ebay? __________________ $45 Per Join or 60/40 Rev Share! New Fresh Hosted Galleries And High Quality/Converting Sites! Free Hosting, Free Content, Awsome Free Hosted Gallery Generator! ICQ#249-429-941

07-27-2004, 01:46 PM	#2
fr8 Confirmed User Industry Role: Join Date: Mar 2003 Posts: 5,074	http://www.paypalsucks.com/ for all the info you need about them.

07-27-2004, 01:49 PM	#4
Shok Confirmed User Join Date: Apr 2001 Location: LIVE EVIL Posts: 5,611	your cut will be about a buck fiddy

07-27-2004, 02:17 PM	#8
Marcus Aurelius No Refunds Issued. Industry Role: Join Date: Apr 2003 Posts: 14,809	yes paypal is owned by ebay now.

07-27-2004, 02:18 PM	#9
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	"...attorney's fees of up to $3,332,500 and reimbursement of expenses up to $135,000, to be paid from the $9.25 million settlement fund..." That's a pretty hefty chunk of money going to the lawyers. I wonder if that's based on an estimate from the firm, or just an absolute maximum based on a percentage of the settlement fund. (Short form claimants get sent a whopping $50, and even then they may not get the full $50 if there are insufficient funds. I dare say the lawyers will be paid in full?)

07-27-2004, 02:23 PM	#10
pushpills Confirmed User Join Date: Jan 2004 Location: CHICAGO Posts: 3,700	I'm putting in a claim for account freezings. I'm sure they will approve way more than they have cash for, and I'll end up with 40 cents....in like a year. Doubt its even worth filling out

07-27-2004, 02:24 PM	#11
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Does anyone know when paypal was supposed to have sent out the emails? From what I can gather I am a Class Member (account opened during that period, not in an excluded country etc) but I have never received any communication from Paypal about this. B40, this seems to answer your question: 4. How Do I Know If I Am Part Of The Settlement? The Court decided that everyone who fits this description is a Class Member: All Persons who opened a PayPal account between October 1, 1999 and January 31, 2004. In other words, you are a Class Member if you opened a PayPal account at any time between October 1, 1999 and January 31, 2004. Excluded from the Class are any judicial officer to whom this Litigation is assigned; PayPal and any of its affiliates; any current or former employee, officer, or director of PayPal; any residents of Austria, Belgium, Denmark, Germany, Greece, Finland, France, Ireland, Italy, Luxembourg, Portugal, Spain, Sweden, The Netherlands, or the United Kingdom; and all Persons who timely and validly request exclusion from the Class pursuant to the Notice disseminated in accordance with the Notice Order.

07-27-2004, 02:30 PM	#14
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	" Payment will be made to your PayPal account." How ironic, I wonder how many people who are allowed to make a claim still have access to their PP account.