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 $64.99 USD.
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 details.
To credit your bank account please click here.
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.
PLEASE DO NOT TELEPHONE THE COURT REGARDING THIS NOTICE.
DATED: April 17, 2005
BY ORDER OF THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA
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