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Old 07-28-2004, 10:39 AM THREAD STARTER               #1 (permalink)
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Caution PayPal class action lawsuit settlement

Paypal is offering a class action lawsuit settlement. Users who opened an account between October 1999 and January 2004 might qualify.

Website is extremely overloaded right now:
https://www.paypal.com/settlement/
http://www.settlement4onlinepayments.com/
????: NamePros.com http://www.namepros.com/industry-news/40825-paypal-class-action-lawsuit-settlement.html
Quote:
You have reached the website of the claims administrator for the class action settlement in In re PayPal Litigation, Case No. 02 1227 JF PVT, pending in the United States District Court for the Northern District of California in San Jose. On July 12, 2004 the Court preliminarily approved the proposed settlement and directed that class members be given notice of the settlement.
....
Claims for settlement payments must be submitted through this website
...
Please note that online claim forms must be completed by October 23, 2004 in order to qualify for payment.
FAQ

settlement agreement PDF

summary PDF
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Old 07-28-2004, 10:50 AM   #2 (permalink)
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I mailed mine in yesterday
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Old 07-28-2004, 12:04 PM   #3 (permalink)
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Don't people realize that PayPal will get their money back...through us by raising fees or something.
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Old 07-28-2004, 01:07 PM   #4 (permalink)
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Obviously but once money is going to given to people they go blind of everything else.
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Old 07-28-2004, 05:50 PM   #5 (permalink)
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Where does one stand if, in response to a Buyer Complaint, Paypal replies that the item purchased is not "tangible" and closed the case, hence causing a monetary loss? What changes if a credit card chargeback was ultimately made and the financial loss reversed through the bank?
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Old 07-28-2004, 07:28 PM   #6 (permalink)
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I filed my claim awhile ago should be getting monies soon.
 
Old 07-28-2004, 08:04 PM   #7 (permalink)
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I understand fees will probably be raised, but they will be raised regardless if I get a payment for claim, why not receive the claim money to compensate for the raised fees.
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Old 07-28-2004, 08:40 PM THREAD STARTER               #8 (permalink)
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Sorry, I missed this thread from yesterday, similar topic:
http://namepros.com/showthread.php?threadid=40687

Really good summary about the whole deal here:
http://www.itmanagersjournal.com/art.../07/28/1639215

$9.25 million settlement fund eh?
Wonder how much the lawyers got.
Last edited by aww; 07-28-2004 at 09:37 PM.
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Old 07-29-2004, 02:59 AM   #9 (permalink)
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Quote:
Originally posted by acts837
Don't people realize that PayPal will get their money back...through us by raising fees or something.
Or by stealing from some other poor guys...
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Old 07-30-2004, 04:11 PM   #10 (permalink)
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Old 07-31-2004, 02:15 PM   #11 (permalink)
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how much money would get anyway?
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Old 07-31-2004, 05:27 PM   #12 (permalink)
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What is this shit about ?
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Old 07-31-2004, 06:42 PM   #13 (permalink)
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Wow, this should be some pretty interesting news.
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Old 07-31-2004, 07:46 PM   #14 (permalink)
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Will the money be paid to youre paupal account ? ;D

Haha, people dont bite the hand that feeds you.
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Old 07-31-2004, 07:47 PM   #15 (permalink)
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Yeah thats what Im wondering, but they will most likely recieve a cheque if they win the case.
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Old 08-01-2004, 12:32 AM   #16 (permalink)
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it says on the site that the money will be deposited into your paypal account unless you specified for a check in which they will take a $1 deduction.

Anyone know how much we'd get?
Also, what's benefit of filing long sheet vs short sheet?
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Old 08-02-2004, 04:04 PM   #17 (permalink)
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Long sheet is if you have had problems with them I believe, otherwise its just around $ 50 for the short form.
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