[MUST READ] If your paypal account was been closed or suspended by PayPal between April 19, 2006 and November 5, 2015

[Judge Dredd]

Welcome to the Information Website for the Zepeda v. PayPal Settlement.

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.
This website summarizes a proposed class action settlement of claims brought against PayPal, Inc. (“PayPal”) and eBay Inc. (“eBay”) (together, “Defendants”). The 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.
You are part of the Settlement if you had an active PayPal account between April 19, 2006 and November 5, 2015.
You are part of the Settlement and also may be eligible to submit a Claim for a cash payment if you had a hold or reserve placed on your account and/or your account was closed or suspended by PayPal between April 19, 2006 and November 5, 2015.
The two sides disagree on whether Plaintiffs would have won at trial.
Your legal rights are affected whether you act or don’t act. Read this website carefully.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

SUBMIT A CLAIM FORM
If you had an active PayPal account between April 19, 2006 and November 5, 2015 and had a hold or reserve placed on your account, and/or the account was closed or suspended by PayPal, you are a Claims Class Member. In order to receive a Settlement payment, you must timely submit a Claim.

If you had an active PayPal account between April 19, 2006 and November 5, 2015, but you did not have a hold or reserve placed on your account, and your account was not closed or suspended by PayPal, then you are only an Injunctive Relief Class Member, and you may not submit a Claim for payment.

EXCLUDE YOURSELF
If you are a Claims Class Member, you may exclude yourself from the Claims Class and receive no payment, but will you will remain in the Settlement. If you are an Injunctive Relief Class Member, you may not exclude yourself from the Settlement.


OBJECT
You can write to the Court about why you don’t like the Settlement.


GO TO A HEARING
You can ask to speak in Court about the fairness of the Settlement.

DO NOTHING
If you do nothing, you will not receive any payment and will no longer be able to sue Defendants and the other Released Parties for the conduct alleged in the lawsuit.


These rights and options—and the deadlines to exercise them—are explained in the Notice.
The Court in charge of this case still has to decide whether to approve the Settlement. Payments will only be made if the Court approves the Settlement and after appeals are resolved. Please be patient.
This website summarizes the proposed Settlement. For the precise terms and conditions of the Settlement, please see the Settlement Agreement here, or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.


PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK’S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.


Source:

Code:

https://www.accountholdsettlement.com/

[oggie]

Judge Dredd

Yea PayPal got my brother for $5000 and held it for 6 months.
I have sent him this a couple of weeks ago
and he's jumping all over it!

Thanks for bringing this here...
I should have done the same -- My Bad!

I encourage everyone that had there account held for No Reason
to follow thru with this.

Make a Stand and let your voice be heard...


:-)

[curliousic]

Hey, THX a lot for this share, OP.
First and foremost never ever show to
ppal clerks how frustrated are you.
Contact by email or call to the support
and insist to escalate the assistance
straight away.
--Anywhere are employees who think
they are moguls. Fire them!--

When EU matters, anyone may reach out
the assistance using this new service,
which is getting already overwhelmed
despite it will be opened in a week only:

Code:

http://ec.europa.eu/consumers/odr/

Remember: be polite but strict when defending your cause!

Blessings to BBHF Family!

[WorldWarrior]

Got this from PayPal and it is legit. Seems like when PayPal was flexing their muscles on the IM community (both the good and bad guys) they overstepped their legal boundaries.

[Start]
NOTICE OF CLASS-ACTION SETTLEMENT.

THIS NOTICE MAY AFFECT YOUR RIGHTS. PLEASE READ IT CAREFULLY.

A settlement has been reached in a class action in which the plaintiffs allege, among other things, 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.

You are a member of the Settlement Class if you had an active PayPal account between April 19, 2006 and Nov. 5, 2015. Certain Settlement Class Members who had a hold or reserve placed on their account and/or who had their account closed or suspended by PayPal are eligible to receive a monetary payment upon submission of a valid claim form.

This notice summarizes the proposed settlement. For the precise terms and conditions of the settlement, please see the Settlement Agreement available at http://www.accountholdsettlement.com/ or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.

PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK'S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.

[End]

Your thoughts?

Peace

WW