OT: What's this paypal class action lawsuit, settlement thing?

[Sean Dempsey]

I've had a paypal acct since may of 2000. Today I got a huge email about how I could be entitled to part of a 9 million dollar settlement since i created my account between oct of 99 and jan of 04 (basically, paypals life). I looked around google, and it's a legit thing. Some people in california apparantly have gotten paypal to settle over something.

Has anyone heard of this or knows what it's about? I have very little legal knowledge, so I read this email and it doesn't make sense. PayPal never did me wrong, but it seems I am a member of the "class" that is being settled with.

Anyone care to enlighten me?

[kkraczek]

Hey Sean, this is the link to the official site, not sure if it is in plain english or not... ;) but here you can also file a claim if you wish to do so. Hope this helps!

http://www.settlement4onlinepayments.com/

[Asylum Steve]

...I seem to remember it involved double billing customers, nickel and dime stuff, but adding up when you consider the number of users.

Still, I'm not completely sure. I guess checking your invoices would be a good way to start to figure out if you're affected by this.

I couldn't get the link Kristin left to work, but I'm sure you can find out more info on the web...