paypal lawsuit?

3 replies jump to bottom

Wed, 07/28/2004 - 19:32

Popcultjunkie

Bust a Move

From: Anchorage, Alaska

Joined: 01/27/2004

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?

Wed, 07/28/2004 - 19:39

big S

He can't hear... Can you, you big fox-hunting, badger baiting, tweed-shirt bumfuck homophobe?

From: TX

Joined: 03/30/2004

that link looks like b.s. to me.

Wed, 07/28/2004 - 19:44

alex cassun

From: Los Angeles

Joined: 09/14/2003

sounds like fraud to me.

Wed, 07/28/2004 - 19:56

mirka

Indifferent Dinosaur

From: Tangled up in Blue

Joined: 02/27/2003

It's real. I forwarded it to spoof@paypal and got this response:

Dear XXX,

Thank you for contacting PayPal.

Thank you for bringing the "Notice of Pendency of Class Action and
Proposed
Settlement¨ email to our attention. We can confirm that PayPal sent
this
email. We apologize for any confusion this may have caused.

On June 11th, 2004 PayPal entered into a Settlement Agreement with
Girard
Gibbs & De Bartolomeo LLP and Wolf Popper LLP for a lawsuit filed in
2002
on behalf of a class alleging that PayPal did not appropriately
communicate
about customer transactions and did not appropriately process limits
that
were placed on some customer accounts. In this agreement, PayPal does
not
acknowledge that any of the allegations in the case are true and
entered
into the Settlement Agreement to avoid further costs of litigation, and
to
devote resources to more productive areas of our business

PayPal's employees and subsidiaries can not provide information or
legal
advice in relation to the class action lawsuit and proposed settlement.
You
may seek additional information about the settlement from the attorneys
for
the class. They can be reached via email or by first class mail at:

[email]paypalsettlement@settlement4onlinepayments.com[/email]

Girard Gibbs & De Bartolomeo LLP
601 California Street, Suite 1400
San Francisco, California 94108

Wolf Popper LLP
845 Third Avenue
New York, NY 10022

Additionally, you can obtain more information at
[url]http://www.settlement4onlinepayments.com[/url].

If you have any further questions regarding your account, please log in
to
your PayPal account and click on Help (located on the upper right side)
³
Contact Us ³ Help by Email ³ Contact Customer Service.

Sincerely,

PayPal Account Review Department
PayPal

__________________________

Barca Boy wrote:

While I was lying on the ground with my head yards away. I told Cujo to log onto the Cult and tell you guys what book I was reading.