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  1. #1
    Moderator and Blogger boysRsmelly's Avatar
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    Default Paypal Lawsuit Email

    Has anyone else received this email? I wonder if it is a hoax.

    Steele et al. v. PayPal, Inc. et al., Civil Action No. 1:05-CV-01720 (ILG)(VVP)

    Notice from Federal Court. Please Read.

    You may be eligible to receive a benefit from a class action settlement if you funded a PayPal transaction using a source other than your credit card between February 1, 2004 and the present.

    A federal court has directed that this notice be sent to inform you of a proposed class action settlement. Records show that you may be eligible to receive a benefit under the proposed settlement.

    The settlement will resolve a lawsuit against eBay Inc. and PayPal, Inc. (collectively, "Defendants") involving claims arising out of representations in the PayPal User Agreement regarding PayPal's policies and practices for responding to refund requests from those customers who pay for transactions through PayPal using funds from funding sources other than credit cards. Under the settlement, Defendants have agreed to establish a settlement fund of $3.5 million to pay claims to potential class members. The proposed Class is defined as:

    all U.S. based PayPal account holders who funded a PayPal transaction after February 1, 2004, using a source other than a credit card: (i) who subsequently requested a reversal of the transaction through PayPal's prevailing Buyer Complaint Policy and/or Buyer Protection Policy (collectively, "Policies"); (ii) who did not receive a refund equal to 100% of their transaction payment in response to such request from PayPal or their bank; and (iii) who, through the timely submission of a Claim Form under oath, attest to a reasonable and good faith belief that they would have received a full reversal of such payment had they used a valid credit card in their possession at the time of the subject transaction to fund the payment and filed a timely chargeback request with their credit card issuing bank. Excluded from the Class are any judicial officer to whom this Litigation is assigned; PayPal, eBay and any of its affiliates; any current or former employees, officers, or directors of PayPal or eBay; any Persons curently residing outside of the United States; and, all Persons who timely and validly request exclusion from the Class pursuant to the Notice.
    To see if you are a Class Member and to obtain full notice of the Settlement, the required procedures, the deadlines, your obligations, and your options, you must visit xxxxxxxxxxxxxxxxxxxxxx. This email is only a brief summary of the full notice that is posted on the website.

    If you are an eligible Settlement Class Member, you have rights, obligations, and options under the proposed settlement. You have until December 14, 2008 to file your Claim Form and Certification Form. Your legal rights are affected whether you act or not.

    1. Submit The Claim Form And The Certification Form By Mail

    This is the only way to get a settlement payment. You must: (1) print and fill out the Claim Form and return it by mail to the address provided on the Claim Form; and (2) print the Certification Page of your Claim Form, sign it, and return it by mail to the address provided on the Claim Form. Your Claim Form and signed Certification Page must be mailed and postmarked no later than December 14, 2008. For more information on these deadlines, the Effective Date of the settlement, the Claim Form procedures, and the settlement benefit, you must visit xxxxxxxxxxxxxxxxxxxxxx.

    2. Exclude Yourself – Opt Out of the Settlement

    If you do not want to remain a member of the Class and participate in the Amended Settlement, then you may exclude yourself (opt-out) from the Class by mailing or delivering (email is not permitted) your written request. Your original, signed request for exclusion must be RECEIVED on or before October 31, 2008 and mailed to the following address:

    PayPal/Steele Class Action Settlement
    c/o The Garden City Group, Inc.
    xxxxxxxxxxxxxxxxxxxxxx
    xxxxxxxxxxxxxxxxxxxxxx

    Your request for exclusion must contain your name and address, be signed by you, and include the reference "Steele et al. v. PayPal, Inc. et al., Civil Action No. 1:05-CV-01720." If you exclude yourself from the Class, you will not participate in the Amended Settlement and will not receive any payment from the Amended Settlement.

    3. Object

    Write to the Court about why you do not like the settlement. Your objection must be filed with the Clerk of the United States District Court for the Eastern District of New York, Brooklyn Main Office, 225 Cadman Plaza East, Brooklyn, New York 11201, no later than October 31, 2008. Pursuant to the Court's Order, you may not be heard on or entitled to contest the Court's decision unless you have filed written objections no later than October 31, 2008. A hearing ("Settlement Hearing") shall be held before Hon. I Leo Glasser on November 17, 2008 at 10:00 a.m. at the United States District Court for the Eastern District of New York, Courtroom 8B South, 225 Cadman Plaza East, Brooklyn, New York 11201.

    4. Do Nothing

    You will automatically be included in the Settlement Class and give up your right to be part of any other lawsuit about the claims in this case, but you will not be eligible to receive a settlement benefit unless you submit a Claim Form.

    To get complete information about the proposed Settlement, the required procedures, the deadlines, your obligations, and your options, you must visit xxxxxxxxxxxxxxxxxxxxxx.

    Please do not contact PayPal, or PayPal's customer support about this Notice, or the Settlement. Instead, you must visit xxxxxxxxxxxxxxxxxxxxxx for complete information about the proposed Settlement, the required procedures, the deadlines, your obligations, and your options.

    Please do not reply to this message. We are unable to respond to inquiries sent in reply to this email. To contact us, please access the official settlement website at xxxxxxxxxxxxxxxxxxxxxx.

  2. #2
    \(^.^)/ Jennifer's Avatar
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    Default Re: Paypal Lawsuit Email

    What's the email address that it came from? Usually you can tell from that.


    Also, I didn't get that email...

  3. #3
    Official Bagista gizmo's Avatar
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    Default Re: Paypal Lawsuit Email

    Yeah, it's one of a few that have been going around. People have gotten $.25 to $1 settlements from ones like it.
    .
    [SIGPIC][/SIGPIC]

  4. #4
    The Bag Star sexyalisha's Avatar
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    Default Re: Paypal Lawsuit Email

    That's odd. Usually lawsuits like that are sent through the mail. I've recieved paperwork in the mail when American Eagle and 24 hour fitness were sued. Like the email says, you're supposed to return some paperwork (mainly just a signature) to confirm you'd like to be part of the settlement.

    I'd be iffy about it since it came through email.....
    "Nothing makes a woman more beautiful than the belief that she is beautiful." -Sophia Loren

    Currently

  5. #5
    Moderator and Blogger boysRsmelly's Avatar
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    Default Re: Paypal Lawsuit Email

    Quote Originally Posted by Jennifer View Post
    What's the email address that it came from? Usually you can tell from that.


    Also, I didn't get that email...
    steelesettlement@tgcginc.com

  6. #6
    *Moderator* vuittongirlxoxo's Avatar
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    Default Re: Paypal Lawsuit Email

    Sounds like a hoax to me

    wishlist..
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  7. #7
    Member choosforme's Avatar
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    Default Re: Paypal Lawsuit Email

    it's a hoax.

  8. #8
    The Asian Sensation
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    Default Re: Paypal Lawsuit Email

    Youre all gonna miss out!! Im gonna listen to them and give them my bank account number so they can tranfer my $1.5mil. WoOoOhOOo Early retirement here I come!!

  9. #9
    Official Bagista tacuddy's Avatar
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    Default Re: Paypal Lawsuit Email

    I looked up the case number and it's a legitimate lawsuit against ebay and paypal. But I don't know if this email is legit, and I really doubt it if they are asking for any type of account numbers.

  10. #10
    The Asian Sensation
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    Default Re: Paypal Lawsuit Email

    ^^ Umm Im not sure if they reuire a account number or not. I was just being silly.

  11. #11
    Rising Bag Star
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    Default Re: Paypal Lawsuit Email

    I'd be cautious, I think that you shouldn't have to opt out by sending in a form. Isn't it normally that just by doing nothing you would be opted out, not opted in? I'm not too sure.

  12. #12
    Official Bagista tacuddy's Avatar
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    Default Re: Paypal Lawsuit Email

    Quote Originally Posted by mitanari View Post
    I'd be cautious, I think that you shouldn't have to opt out by sending in a form. Isn't it normally that just by doing nothing you would be opted out, not opted in? I'm not too sure.
    No, usually with class action lawsuits, when you do nothing you are automatically included in the class. In order to opt out, you need to send in a request or information.

  13. #13
    LV Love september's Avatar
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    Default Re: Paypal Lawsuit Email

    Received one of those before


  14. #14
    Jacqueline coach-princess348's Avatar
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    Default Re: Paypal Lawsuit Email

    I've known people who've gotten one before

  15. #15
    Bag Junkie navymom's Avatar
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    Default Re: Paypal Lawsuit Email

    Quote Originally Posted by THE-GUY View Post
    Youre all gonna miss out!! Im gonna listen to them and give them my bank account number so they can tranfer my $1.5mil. WoOoOhOOo Early retirement here I come!!
    That's the spirit, Guy!
    NavyMom

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