Paypal: Notice of Pendency of Class Action and Proposed Settlement?

**KiddTech** · 07-29-2004, 01:55 PM

PayPal has reached a preliminary settlement with some customers who accused the eBay unit of illegally freezing their funds.

The company on Friday said it will pay a total of $9.25 million to settle the federal class-action suit, $3.4 million of which will pay lawyers' fees and costs.

PayPal admitted no wrongdoing in settling the claims, which were filed in 2002 as part of two federal class-action suits that also alleged other customer service deficiencies.

http://news.com.com/PayPal+settles+c...3-5233490.html

**jgvernonco** · 07-29-2004, 03:25 PM

I received the email, and blew it off. They can have whatever they might owe me.

K-man · 09-15-2004, 10:31 AM

Man, bad stuff with paypal never stops now does it? Class-action suits and all of that. I really can't understand why so many people are using paypal when it's obvious there's something "fishy" going on there. The words money and laundering seem to come to mind for no apparent reason.

**DumberDrummer** · 09-15-2004, 12:07 PM

Uhhh, this thread is almost 2 months old.....This has been settled already....

K-man · 09-15-2004, 12:13 PM

Sorry about that. Didn't notice.

07-29-2004, 01:55 PM	#1 (permalink)
KiddTech Danrak's Alter Ego - Automated Response Join Date: Jul 2002 Posts: 135 OS: Windows XP	Paypal: Notice of Pendency of Class Action and Proposed Settlement? PayPal has reached a preliminary settlement with some customers who accused the eBay unit of illegally freezing their funds. The company on Friday said it will pay a total of $9.25 million to settle the federal class-action suit, $3.4 million of which will pay lawyers' fees and costs. PayPal admitted no wrongdoing in settling the claims, which were filed in 2002 as part of two federal class-action suits that also alleged other customer service deficiencies. http://news.com.com/PayPal+settles+c...3-5233490.html

07-29-2004, 03:25 PM	#2 (permalink)
jgvernonco Old Timer Join Date: Sep 2003 Location: Northern Arizona Posts: 7,958 OS: Vista Home Premium, SP 27	I received the email, and blew it off. They can have whatever they might owe me. __________________ Donations keep TSF moving forward. Please help. http://www.myspace.com/speedbumpthecelt

09-15-2004, 12:07 PM	#4 (permalink)
DumberDrummer Cymru am byth Join Date: Oct 2003 Location: Oregon Posts: 5,385 OS: Windows XP Pro SP2 My System	Uhhh, this thread is almost 2 months old.....This has been settled already.... __________________ Living with Louie dog's the only way to stay sane _____________________________________________ ... and with those words so begins my lifetime of longing for the devil's warm embrace

09-15-2004, 10:31 AM	#3 (permalink)
K-man Registered User Join Date: Sep 2004 Posts: 2 OS: WinXP	Man, bad stuff with paypal never stops now does it? Class-action suits and all of that. I really can't understand why so many people are using paypal when it's obvious there's something "fishy" going on there. The words money and laundering seem to come to mind for no apparent reason.

09-15-2004, 12:13 PM	#5 (permalink)
K-man Registered User Join Date: Sep 2004 Posts: 2 OS: WinXP	Sorry about that. Didn't notice.