Anyone remember the email they got from PayPal way back, somewhere around 2 years ago? The time stamp on the email I got is Saturday, July 31, 2004.
The email started out with:
An interesting highlight in the letter wrote:
So anyway, I filled out a Long Form Claim. This was when I had some ordeals with PayPal that really pissed me off. I couldn't have been happier to learn that they were being sued for $9.25 million, so most of the financial damages that I claimed on my form were exaggerated, but it serves them right. I'm pretty happy I did it now, and I want to see if anyone on this site is as happy as I am.
It took a long time (since July, 2004), but I finally got my check for $495.00 (minus $1.00 for mailing fee)! Not a bad peice of dough to hit you in the mail out of the blue.
Anyone else happy they filled a claim? If you did, but didn't get your share yet, check out the official website at: http://www.settlement4onlinepayments.com/
The email started out with:
IF YOU OPENED A PAYPAL ACCOUNT BETWEEN OCTOBER 1999 AND JANUARY 2004, YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.
An interesting highlight in the letter wrote:
Under the settlement, PayPal will pay $9.25 million into a settlement fund, to be held in an interest-bearing account. The fund will be used (1) to make payments to class members who submit valid claims before the claims deadline; (2) to pay certain costs of giving notice to the Class and of settlement administration, as approved by the Court; and (3) to pay attorneys' fees and expenses to Class Counsel in the amount awarded by the Court.... If the Court awards attorneys' fees and costs in the amount requested, Class Counsel estimate that there will be approximately $4.3 million to pay the claims of Dispute Resolution Claimants. Half of the money allocated to Dispute Resolution Claimants will be allocated to pay Short Form Claimants (the "Short Form Fund"). The other half will be allocated to pay Long Form Claimants (the "Long Form Fund").
So anyway, I filled out a Long Form Claim. This was when I had some ordeals with PayPal that really pissed me off. I couldn't have been happier to learn that they were being sued for $9.25 million, so most of the financial damages that I claimed on my form were exaggerated, but it serves them right. I'm pretty happy I did it now, and I want to see if anyone on this site is as happy as I am.
It took a long time (since July, 2004), but I finally got my check for $495.00 (minus $1.00 for mailing fee)! Not a bad peice of dough to hit you in the mail out of the blue.
Anyone else happy they filled a claim? If you did, but didn't get your share yet, check out the official website at: http://www.settlement4onlinepayments.com/

