PayPal Class Action Suit?

[Jeff]

then you better go out of business after 3 years, 4 max, unless you're really fond of audits...

[kangasj]

From the claim site....more lawyers getting rich.... :(

  

USE THIS FORM TO MAKE A
SHORT FORM CLAIM
You can make a Short Form Claim if, prior to February 1, 2004, PayPal caused you to lose money because of any of the following:

You experienced an unauthorized or incorrect electronic transfer to or from your PayPal account;

Your PayPal account was improperly restricted or access was improperly limited;

You requested information from PayPal about an account restriction or limitation or unauthorized transfer and you did not receive a satisfactory response; and/or

You experienced or reported an unsatisfactory result from a dispute with PayPal involving a chargeback, a refund, a buyer complaint, or PayPal's Seller Protection Policy, Buyer Complaint Process and/or Buyer Protection Policy.

If you make a timely, valid claim using the Short Form Claim, you will receive a payment of $50. In the event that the amount needed to pay all of the Short Form claims exceeds the Short Form Fund, the fund will be divided equally among all the Short Form Claimants.
To make a Short Form Claim, you must (1) complete this Form, (2) print the Certification page, and (3) sign and mail the signed Certification, postmarked no later than November 1, 2004, to:


Claims Administrator
In re PayPal Litigation
PO Box 9000 #6248
Merrick, NY 11566-9000

To return to the home page, click here.
 


Short Form Claim Form
 General Information  
Current Name:    
Current Address:    
   City:    
   State:    
   Zip:    
Current Email Address:    
Current Telephone Number:   (Area Code-123-1234)  
  
Information Associated With Your PayPal Account
   (please fill in any fields below if different from your current information)  
Name:    
Street Address:    
   City:    
   State:    
   Zip Code:    
Email Address:    
Telephone Number:   (Area Code-123-1234)  
  
Date PayPal account opened (approximate):   (mm/dd/yyyy)  
  
Payment will be made to your PayPal account. If you do not have a current, unrestricted PayPal account or prefer to receive a check, please check the box below. (For more information, please refer to Section 7 of the Notice of Pendency of Class Action and Proposed Settlement).  
  
Send my payment by check (I understand a $1.00 charge will be deducted to cover the cost of issuing and mailing my check):  
  
CERTIFICATION
One or more of the following accurately describes what happened to me: PayPal caused me to suffer damages as a direct result of (a) an unauthorized or incorrect electronic fund transfer to or from my PayPal account; (b) an improper restriction or limitation of my PayPal account; (c) an unsatisfactory response to a request for information from PayPal about an unauthorized or incorrect transfer or improper limitation or restriction; and/or (d) a dispute with PayPal involving a chargeback, a refund, a buyer complaint, or PayPal's Seller Protection Policy, Buyer Complaint Process and/or Buyer Protection Policy; and
 
  
I wish to submit a Short Form Claim as a Dispute Resolution Claimant.