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PAYPAL: NOTICE OF CLASS-ACTION SETTLEMENT.
9 years ago
The footer is the truth.
I copy and paste this here from my email for anyone who's had their paypal accounts terminated or punished in any way whatsoever, this may affect you. Please read and forward around! Link the journal would be the best option but I guess you could just copy the text yourself if you want to be the famous one. :P
EDIT: I'm pretty sure everyone who has a paypal account has gotten this email, but I wanted to be sure everyone really got the message so here it is. Please do forward it around!
THIS NOTICE MAY AFFECT YOUR RIGHTS. PLEASE READ IT CAREFULLY.
A settlement has been reached in a class action in which the plaintiffs allege, among other things, that PayPal improperly handled disputed transactions on PayPal accounts and improperly placed holds and reserves on accounts or closed or suspended accounts. Plaintiffs also allege that PayPal failed to provide annual error-resolution notices and monthly account statements under the Electronic Fund Transfer Act.
You are a member of the Settlement Class if you had an active PayPal account between April 19, 2006 and Nov. 5, 2015. Certain Settlement Class Members who had a hold or reserve placed on their account and/or who had their account closed or suspended by PayPal are eligible to receive a monetary payment upon submission of a valid claim form.
This notice summarizes the proposed settlement. For the precise terms and conditions of the settlement, please see the Settlement Agreement available at http://www.accountholdsettlement.com/, by accessing the Court docket in this case through the Court's Public Access to Court Electronic Records (PACER) system at https://ecf.cand.uscourts.gov, or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.
PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK'S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.
EDIT: I'm pretty sure everyone who has a paypal account has gotten this email, but I wanted to be sure everyone really got the message so here it is. Please do forward it around!
THIS NOTICE MAY AFFECT YOUR RIGHTS. PLEASE READ IT CAREFULLY.
A settlement has been reached in a class action in which the plaintiffs allege, among other things, that PayPal improperly handled disputed transactions on PayPal accounts and improperly placed holds and reserves on accounts or closed or suspended accounts. Plaintiffs also allege that PayPal failed to provide annual error-resolution notices and monthly account statements under the Electronic Fund Transfer Act.
You are a member of the Settlement Class if you had an active PayPal account between April 19, 2006 and Nov. 5, 2015. Certain Settlement Class Members who had a hold or reserve placed on their account and/or who had their account closed or suspended by PayPal are eligible to receive a monetary payment upon submission of a valid claim form.
This notice summarizes the proposed settlement. For the precise terms and conditions of the settlement, please see the Settlement Agreement available at http://www.accountholdsettlement.com/, by accessing the Court docket in this case through the Court's Public Access to Court Electronic Records (PACER) system at https://ecf.cand.uscourts.gov, or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.
PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK'S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.
lafeel
~lafeel
Interesting, very interesting even.
Vas
!vas
OP
I know quite a few artists have had their accounts suspended for whatever reason, so this may be an opportunity for them to get back at paypal or get something out of it.
lafeel
~lafeel
One can but hope. Personally I have managed to avoid any similar issues with paypal, at least.
Sjru
~sjru
So what does this mean?
Vas
!vas
OP
Not a clue really. Have you had a paypal account closed or put on hold? If so, you may follow the link " http://www.accountholdsettlement.com/ " to get more information about it and see if you can do something to get compensation.
Sjru
~sjru
seems to be an USA thing only, and they give you some money-
