Legit News
PayPal pays $5.2M to settle lawsuits
EBay's PayPal payment division will pay $3.5 million to consumers and $1.7 million to 28 states in settlements for two different actions regarding its notification of users regarding their rights, the company said Thursday.
The online payment company will establish a $3.5 million settlement fund to conclude a class-action lawsuit filed in U.S. District Court in Brooklyn, New York, in 2005. The settlement is still pending court approval. Consumers filed the suit on the basis that PayPal did not make clear its policies on certain types of transactions, the company said.The company will also pay $1.7 million to the attorneys general of 28 states to settle suits there.
Posted by | Fri, Sep 29, 2006 - 08:23 AM
Search
Hot Topics
- when do the SATA III @6Gb/s hard drives come out?
- CPU Core Temps!
- Nvidia Tools
- What would be the max recomended video card for e8500
- Nvidia's fermi
- How to print my daughters’cell phone text messages out?
- friend needs help
- How to convert and edit video/audio files for iPod
- Problem installing XP
- Logitech MX 1100 Cordless Laser Mouse $19.99 after MIR