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Anyone get a settlement email from Paypal recently?

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Guys, guys, guys....RTFA. Even if you were not harmed by PayPal as described, if you qualify as a class member you should file the Statutory Damage Fund Claim Form. $1million will be divided equally among all people filing such a form. This was done because PayPal was engaging in business practices that led to the lawsuit, meaning the likelihood was high that they would have screwed you over like a ton of other people. It's a punitive kind of thing.

Check HERE for more information.
 
Originally posted by: cjchaps

You can make a Short Form Claim if, prior to February 1, 2004, PayPal caused you to lose money because of any of the following:

You experienced or reported an unsatisfactory result from a dispute with PayPal involving a chargeback, a refund, a buyer complaint, or PayPal?s Seller Protection Policy, Buyer Complaint Process and/or Buyer Protection Policy.

I was ripped off by a seller awhile back (no response, no merchandise, Paypal told me "tough luck, no money available")...does THAT count?
 
Originally posted by: courtjester123
Guys, guys, guys....RTFA. Even if you were not harmed by PayPal as described, if you qualify as a class member you should file the Statutory Damage Fund Claim Form. $1million will be divided equally among all people filing such a form. This was done because PayPal was engaging in business practices that led to the lawsuit, meaning the likelihood was high that they would have screwed you over like a ton of other people. It's a punitive kind of thing.

Check HERE for more information.

So basically if 2 million of us apply, we all get 50 cents? Paypal never harmed me, so I don't want a piece of the action.
 
the website you get redirected must be getting hammered, ie lots of people applying which means we'll end up getting $2 each
 
It mentions in the email the settlement fund is something like 9.2 million. Of which the lawyers who filed will probably get 30%. *sigh* freak'n lawyers.
 
Originally posted by: courtjester123
Guys, guys, guys....RTFA. Even if you were not harmed by PayPal as described, if you qualify as a class member you should file the Statutory Damage Fund Claim Form. $1million will be divided equally among all people filing such a form. This was done because PayPal was engaging in business practices that led to the lawsuit, meaning the likelihood was high that they would have screwed you over like a ton of other people. It's a punitive kind of thing.

Check HERE for more information.

you need to print it out, sign it, and send it to them! :|
 
Originally posted by: fivespeed5
the website you get redirected must be getting hammered, ie lots of people applying which means we'll end up getting $2 each
All right, I'm Supersizing tonight!
 
They settled out of court to avoid legal fees, & the lawyers are still getting 3+million of the 9 or so. Insane. It doesn't seem worth the effort to collect .50cents.
 
Originally posted by: Noirish
don't they usually come in the mail, you know, paper mail?
Congress made electronic mail a legally valid form of communication in 1999, meaning that they can email you legal notices just the same as snail mail. Someday you may even be able to sign loan documents electronically.

I received this email as well, but will only qualify for the 50 cents. I'm lukewarm on it all, because I think Paypal should face more serious punishment for being an illegal bank.
 
didnt they say they would charge you $1.00 to cut the check?

so if its only $.50 it looks like they are going to make $.50...
 
i got ripped by a seller on eBay lkast year for $300 or something (using eCheck to pay via Paypal). i complained but they didnt help. so how should describe my case? does it fall into "unauthorized transfer" or "damage cause by a buyer complaint"
 
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