Thread: What to do....
View Single Post
  #2  
Old 08-01-2004, 11:01 PM
kureido kureido is offline
Member
 
Join Date: Jun 2004
Posts: 72
Default Re: What to do....

First, you're right, this isn't the right forum.

Second, you didn't actually read the email, did you? The lawsuit alleges that PayPal hasn't met some requirements of the Electronic Funds Transfer Act, and PayPal has agreed to settle to the class for the amount of $9.25 million. If the judge accepts the settlement agreement, that money will be distributed to those in the class. The email is just a notice that unless you specifically opt-out, you will be included in the class and will be barred from any further lawsuits against PayPal concerning the alleged violations.

If none of this means anything to you, you have nothing to worry about. PayPal is not going to fold for $9.25 million. Your money is safe, and business will go on as usual.

-b
Reply With Quote