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Paypal Class Action Lawsuit [USA only]


Mkilbride

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https://www.accountholdsettlement.com/Home/FAQ

How much will my payment be?

If you are a Claims Class Member and elect to make a Basic Claim, payment will be determined based on the dollar amount of the longest hold or reserve on your account and how many Claims Class Members send in valid Claims. Basic Claim amounts are estimated to range between $3.00 and $440.00, depending on the length and amount of the hold or reserve, based on the following grid:

Length of 
Hold/Reserve
Hold/Reserve 
under $1,000
Hold/Reserve 
$1,000 to $10,000
Hold/Reserve 
over $10,000
1–30 days $3.00 $3.00 $36.00
31–90 days $3.00 $5.00 $150.00
91–150 days $3.00 $10.00 $100.00
Over 150 days $14.00 $25.00 $440.00

You only get paid if you had a hold placed on your account.  You'll only get more than $3 if you run a business using PayPal.  The vast majority of US members here won't get anything worthwhile out of this.  If you were actually affected, you'd have long known about this already and been following this case.

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1 hour ago, sanahtlig said:

https://www.accountholdsettlement.com/Home/FAQ

How much will my payment be?

If you are a Claims Class Member and elect to make a Basic Claim, payment will be determined based on the dollar amount of the longest hold or reserve on your account and how many Claims Class Members send in valid Claims. Basic Claim amounts are estimated to range between $3.00 and $440.00, depending on the length and amount of the hold or reserve, based on the following grid:

Length of 
Hold/Reserve
Hold/Reserve 
under $1,000
Hold/Reserve 
$1,000 to $10,000
Hold/Reserve 
over $10,000
1–30 days $3.00 $3.00 $36.00
31–90 days $3.00 $5.00 $150.00
91–150 days $3.00 $10.00 $100.00
Over 150 days $14.00 $25.00 $440.00

You only get paid if you had a hold placed on your account.  You'll only get more than $3 if you run a business using PayPal.  The vast majority of US members here won't get anything worthwhile out of this.  If you were actually affected, you'd have long known about this already and been following this case.

I dunno, I had zero idea I was owed money at all, then someone linked me to submitting a claim for DRAM. I got 101$ check, the same price I paid for RAM back in 2007, that I used until 2012.  It was even what I thought a fair price, but they gave me back the full sum.

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On 8/4/2016 at 9:59 PM, Mkilbride said:

I dunno, I had zero idea I was owed money at all, then someone linked me to submitting a claim for DRAM. I got 101$ check, the same price I paid for RAM back in 2007, that I used until 2012.  It was even what I thought a fair price, but they gave me back the full sum.

Did you get an email confirmation first before they sent you a check?

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