Class Action Law Suit

Discussion in 'Ancient Coins' started by Ancientnoob, Feb 20, 2016.

  1. Ancientnoob

    Ancientnoob Money Changer

    I received this email from paypal. Enjoy.

    NOTICE OF CLASS-ACTION SETTLEMENT.
    [​IMG]
    [​IMG]
    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/ 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 throughFriday, excluding Court holidays.

    PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK'S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.
     
    coinman1234 likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. tommyc03

    tommyc03 Senior Member

    Most of us associated with Pay Pal & Ebay received this notice. There was a thread on this earlier. Trouble is, there is very little money to be had in this suit if it is ruled in favor of plaintifs. And it could be dragged out long enough that most of will forget about it. There is as little as $3.00 to be received for the little sellers and mostly will only apply to bigger sellers or those with stores there. I applied just to be an irritant to Ebay. BTW, Sears has one going on also for defective dishwashers and this one pretty much scams the buyers also.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    Yeah, guess who makes out on this (and most) class action suits? The lawyers.........
     
    Stevearino, tommyc03 and TIF like this.
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Hey, did yours catch fire? Mine caught fire. After having it serviced for the recall that was supposed to ensure it wouldn't catch fire. But we caught it before it damaged the house, so I guess it's all good. Just don't try to sell me another Maytag.
     
  6. tommyc03

    tommyc03 Senior Member

    No, mine has been running well actually. What really got me about the suit was they will give you a 15% discount on a new one, or repair for free if it smoked and $300.00 credit towards a new one if it caught fire. How totally bizarre. It did not mention anything about smoke damage or if your house burned down.
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    Thank God I wash most of the dishes by hand.........no chance of anything catching on fire. The other stuff (paper plates [don't get on me you green people] gets tossed into the trash. devil.gif
     
    stevex6 likes this.
  8. Dave M

    Dave M Francophiliac

    Typically if you enter a class action, you sign away your rights to sue the company directly. It is much easier for the consumer, who doesn't have to hire a lawyer, etc. It is made to cover the mass of "average" consumers. If your house got burned down, it would be a mistake to just join a class action.
     
    tommyc03 and green18 like this.
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    For sure, I'd like to explore another course.........
     
  10. tommyc03

    tommyc03 Senior Member

    Lets just pray no one ever has this happen to them.
     
    green18 likes this.
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Right you are Tommy.......
     
  12. scottishmoney

    scottishmoney Buh bye

    The last time I participated in some class action lawsuit vs. Ebay I did receive a huge settlement - a cheque in the amount of a whole cent! I still have it somewhere, why waste time cashing a cent cheque?
     
  13. stevex6

    stevex6 Random Mayhem

    Whoa-whoa-whoa!! => hey, don't let Bing hear ya talkin' like that!! (a penny saved, is a penny earned)

    Bing tightwad.jpg

    ;)

    ... I love ya, brother
     
    Last edited: Feb 21, 2016
  14. bear32211

    bear32211 Always Learning

    "A penny saved is a penny earned" now where did I hear that ?
     
  15. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    I thought class action suits only awarded a few dollars also.

    Until last year when I received a check for over $7800.00 out of the blue in a class action suit from several years ago in one of my other businesses.
     
  16. Old Error Guy

    Old Error Guy Well-Known Member

    In 2011, I got $.27 from eBay as my share of a class action settlement. Still trying to decide how to invest it. Until then it's here on my bulletin board.
     
    stevex6 likes this.
  17. Carthago

    Carthago Does this look infected to you?

    Ignore it and don't validate this sleazy extortion that is strictly meant to enrich the legal guild.
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    I am in the class action involving faulty Sears dishwashers. I've already taken action: I no longer do business with the company

    But as far as Sears has slid, I doubt they are shedding any tears.
     
  19. scottishmoney

    scottishmoney Buh bye

    If, in the unlikely, event that there was a large settlement against K-Sears they would just finally go bankrupt. Something that has been predicted for a long time now. I never go to Sears anymore. They are a shell of the company they used to be, they have dumbed down their tools by having them made in China with no guarantee like before, Kenmore is no longer a good brand etc.

    Back in the early '60s my grandfather bought Craftsman commercial grade power tools from Sears - now some 50s years later I am still using them and they are in great shape. Sure he paid good money for them, but tools and equipment should be made to last - even for generations.
     
    silentnviolent likes this.
  20. tommyc03

    tommyc03 Senior Member

    Just to be an irritant and make them pay the 50 cent check cashing fee most of these are required to pay. I've done it many times with 5 & 10 cents checks from those shady marketing companies who try to get you to buy something worthless from them. But hey, that's just me.
     
Draft saved Draft deleted

Share This Page