Ironworks Gaming Forum - PayPal Class action Lawsuit?

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- - PayPal Class action Lawsuit? (http://www.ironworksforum.com/forum/showthread.php?t=91188)

Quote:

Originally stated by Paypal:
Excluded from the Class are *snip* any residents of Austria, Belgium, Denmark, Germany, Greece, Finland, France, Ireland, Italy, Luxembourg, Portugal, Spain, Sweden, The Netherlands, or the United Kingdom;

so nearly all non americans then?

great :(

edit: linkeded http://www.settlement4onlinepayments.com/question4.php3

edit2: ooh, or australia! or lots of third world contries. or india! or even iraq! or iran! how about korea! yay for justice [img]graemlins/crying.gif[/img]

[ 07-30-2004, 05:40 PM: Message edited by: Zero Alpha ]

That's too bad, Zero. Look on the bright side, you can hire your own shiny lawyer to pursue claims on behalf of the excluded members of the class. [img]graemlins/heee.gif[/img] With one suit already settling, it wouldn't be hard for another lawyer to bootstrap his arguments....

Hey, need a lawyer? :D

Quote:

Originally posted by Timber Loftis:
That's too bad, Zero. Look on the bright side, you can hire your own shiny lawyer to pursue claims on behalf of the excluded members of the class. [img]graemlins/heee.gif[/img] With one suit already settling, it wouldn't be hard for another lawyer to bootstrap his arguments....

Hey, need a lawyer? :D

for an expected settlement of £50. :D LOL

wouldve been nice though

I have to say it looks very ligit. I received it today. I however don't feel I have ever been treted badly by Paypal. I guess I just sit and do nothing.

[ 07-31-2004, 01:01 AM: Message edited by: pritchke ]

No problems from paypal with me. But as I'm australian I guess I dont count anyroad. :rolleyes:

and dont let this put anyone of sending money to Ironworks / choc. I'm sure Paypals lawyers have suggested that they comply to the law from now on. [img]smile.gif[/img]

BTW I recieved the paypal email today :heee:

Quote:

Originally posted by pritchke:
I have to say it looks very ligit. I received it today. I however don't feel I have ever been treted badly by Paypal. I guess I just sit and do nothing.

Same here. I have always had good transactions, and no reason to complain...so there is nothing in this for me, right?

Well, I got this email today as well...I don't remember joining any class actions suit though. I suppose this excludes me, right?

Quote:

Originally posted by Larry_OHF:
...so there is nothing in this for me, right?

Not necessarily. . .

Quote:

2. Statutory Damage Fund Claimants
>The plan of allocation designates $1 million of the Net Settlement
>Fund to a "Statutory Damage Fund," to be distributed equally among all
>Fund Claimants who are not Dispute Resolution Claimants. This means
>that
>if you are a member of the Class and do not fall within the definition
>of
>a "Dispute Resolution Claimant," as set out above, you can make a
>claim for a payment from the Statutory Damage Fund. The Statutory
>Damage Fund provides compensation for potential statutory damages under
>the Electronic Fund Transfer Act ("EFTA"), 15 U.S.C. E 1693 et seq.
>Statutory damages under the EFTA are limited by law to no more than
>$500,000 for any class of individuals claiming "the same failure to
>comply." Plaintiffs' counsel contended in the litigation and for
>purposes of settlement that PayPal was potentially liable for multiple
>failures to comply, a position PayPal vigorously opposed.

https://ppl.gardencitygroup.com/ppl/...m?action=clear

This is the pot of money for general PayPal members who were not injured or harmed. The theory of a class action suit is to provide all the customers of a wrongdoer with at least a small remedy.

[ 08-01-2004, 02:28 PM: Message edited by: Timber Loftis ]

Hmmm... there's a million bucks to share among the folks in this category, and I'm claimant 240,361. Oh well... four bucks is four bucks [img]smile.gif[/img]