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.

http://www.accountholdsettlement.com/
Credits : bartosimpsonio @ BHW