Calling all PayPal users! Check this out:
“If you are a current or former user of PayPal in the United States who had an active PayPal account between April 19, 2006 and November 5, 2015, this Notice describes your rights and potential benefits from a class action settlement.”
In a nutshell, “this Settlement resolves a lawsuit in which Plaintiffs allege 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.”
If you have been affected, you can submit a claim here for a cash payment of up to $2,500.
PayPal denies any wrongdoing but agreed to settle the account hold class action lawsuit to avoid the expense and uncertainty of trial. The PayPal class action settlement was preliminarily approved on Nov. 5, 2015.
Hey. Thanks for the info. I really appreciate it. 🙂
Claim filling deadline has passed. Link now goes to page with dates.
Thanks so much for letting me know. I’ll expire that post now. 🙂
I accidently transfer money to someone as a family & friend.. I called paypal and they cant get my money back. 🙁
Oh no. Hopefully you can get that sorted out. 🙂
I ordered online, and I thought I canceled it and they delivered it twice. I called PayPal and said I didn’t authorize it because I’m pretty sure I canceled the order and now my account is on hold because they said I owed them money. I tried to settle it over the phone but they keep charging me for $25 fee every month. I could not do anything if I already called to cancel and they won’t cancel my account. Now I prolly owed more than $500 for ordered I didn’t do. Whatever PayPal.
Oh no. I’m so sorry to hear that. Hopefully you can get it all sorted out. 🙂
my account was hacked yesterday and someone made a purchase of 139 dollars at macys but has it shipped to my house weird but i dont qualify for this settlement because it happened yesterday not april 2006 to nov 2015 i dont feel my identity is safe anymore i thought paypal was secured and safe never had a problem like this before now idk wat to do to order anything online anymore
Hey Nadine. I’m so sorry to hear that happened. Hopefully Paypal will get it all sorted out for you. 🙂
I sent money to someone and he could not get the money so when we called paypal they said they are holding it for 3 to 5 days before tbey give it back to us that dont seem right to me its not tbere money to hold right?
Hey Angie. It does seem a little strange. Hopefully you can benefit from this. 🙂
I have tried to set up a paypal account-it was pointless to even bother. so I stopped trying and never gave it a second thought-paypal is a complete ripoff!
Hi Kat. Sorry to hear you’ve had a bad experience with them. 🙁
I’ve tried to send money to people several times but paypal wouldn’t allow it sometimes. I called and they said they fixed it but it kept happening. does that count?
Hey Yasmin. I’m not quite sure. I would contact them and see. 🙂
Would this require people to actually go into court?
Hey Meg. I’m not sure what it all entails. 🙂
Class actions do not require you to go to court. A lawyer or team of lawyers fights the company or individual on behalf of all members who join the class action. Generally you give info and after it is settled, checks are doled out (after a huge chunk of it goes to the lawyers). You can elect to bring your own suit against them but then you have to hire a lawyer etc.
Thanks, Carol. I appreciate the help. 🙂
I paid for a dress I never got and never got refunded, from what I remember. It was an international order.
Hey Janette. Hopefully this applies to you then. 🙂