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paypal lawsuit?

I got this "Notice of Pendency of Class Action and Proposed Settlement" from paypal via email. Anything I receive from paypal I approach with caution because I had a case of identity theft (good thing to have a security protection plan).

Paypal email wrote:
IF YOU OPENED A PAYPAL ACCOUNT BETWEEN OCTOBER 1999 AND JANUARY 2004, YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.

PLEASE READ THIS NOTICE CAREFULLY.

UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN JOSE DIVISION

In re PayPal litigation
Case No. CV-02-01227-JF (PVT)

NOTICE OF PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT


It's a lengthy email that consists of 13 questions and answers.

Anyone know anything about this lawsuit? Real? Fake? Scam? Opportunity to cash in? What's the deal?