PLEASE READ THIS NOTICE CAREFULLY|
You have received this Notice because the records of PayPal, Inc. indicate you
are a current or former PayPal account holder who has been deemed eligible to
receive a payment from the
class action settlement in accordance with PayPal
Litigation, Case No. 02 1227 JF PVT, pending in the United States District Court
for the Northern District of California in San Jose.
In your specific case you have been found to be eligible for a payment of $88.99 USD.
Confirm Your Bank
The aforementioned settlement funds may be transferred directly to your bank
account providing you have a linked card. The funds may not be credited directly
to your PayPal account as this would render Paypal to be accumulating interest
and thus profiting on litigation settlement funds which contravenes Federal law.
Your bank account will be credited within 7 days upon submission of account
To credit your bank account please
Don't forget to check your bank account for the PayPal deposits and get Verified!
If you are seeking an alternate method of receiving your funds PayPal will be
contacting those who do not submit their details by the 31th of March with
instructions to receive a cheque in the mail. However this will incur a 7.5%
processing fee deducted from the settlement amount and therefore PayPal only
recommends this option to those users who do not currently have a bank account
with linked Bank Card.
Please Note that under United States federal law credit cards are not a legally
approved method of settlement for Class Action suits and cannot be processed for
transferal of funds in this case.
This notice is a summary and does not describe all details of the settlement.
For full details of the matters discussed in this notice, you may wish to review
the Settlement Agreement dated January 11, 2005 and on file with the Court or
visit https://www.paypal.com/settlement/. Complete copies of the Settlement
Agreement and all other pleadings and papers filed in the lawsuit are also
available for inspection and copying during regular business hours, at the
Office of the Clerk of the Court, United States District Court for the Northern
District of California, 280 South First Street, San Jose, California 95113.
DATED: September 24, 2005
BY ORDER OF THE UNITED STATES DISTRICT COURT FOR THE NORTHERN
DISTRICT OF CALIFORNIA
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PayPal is located at 2211 N. First St., San Jose, CA 95131.
Thank you for using PayPal!
The PayPal Team