we only used PayPal to occasionally have $ sent to us from family or to sometimes send each other $ that was it. I was able to get out about $400 until they limited the account even after we gave them everything they needed & asked for. Congratulations to everyone who got PAID!ġ80 days ago TODAY PayPal permanently limited my husbands PayPal account only AFTER we had $3,200 deposited into the account. 26, 2017, Top Class Actions viewers who filed a claim for the PayPal Account Hold class action settlement started receiving checks worth as much as $23.15. Let Top Class Actions know when you receive a check in the comments section below or on our Facebook page. According to the settlement website, claims will be paid by October 24, 2017. UPDATE 7 on August 22, 2017: The appeals to the PayPal Account Hold settlement have been resolved. Top Class Actions will continue to provide updates as we learn more. Claims will not be paid until all appeals are exhausted. UPDATE 6: On April 17, 2017, an appeal to the PayPal Account Hold settlement was filed. UPDATE 5: On March 24, 2017, the court granted the PayPal Account Hold settlement final approval. UPDATE 4, January 15, 2017: The court has continued the final hearing until February 8, 2017. UPDATE 3: On November 23, 2016, the court continued the final hearing until January 11, 2017. All Class Members are entitled to this relief. It has also agreed to change its policy with regard to requests for information, and to disclose the reason for a hold, reserve or limitation as long as this disclosure is not inconsistent with PayPal’s security requirements. PayPal has agreed to revise its User Agreement and add certain disclosures about its use of fraud and risk modeling. If your Alternate Claim is denied, your claim will be treated as a Basic Claim. Alternate Claim: If you are a Claims Class Member, you may elect to make an Alternate Claim to seek payment for your actual damages, up to a maximum possible payment of $2,000.These Basic Claim amounts are expected to range from $3 to $440. Basic Claim: If you are a Claims Class Member and you elect to make a Basic Claim, your payment will be determined based on the dollar amount of the longest hold or reserve on your account.5, 2015.Ĭlaims Class Members may elect to make a Basic Claim or an Alternate Claim. The PayPal class action settlement was preliminarily approved on Nov. PayPal denies any wrongdoing but agreed to settle the account hold class action lawsuit to avoid the expense and uncertainty of trial. Further, PayPal allegedly failed to provide them with an opportunity to remedy the situation and avoid holds being placed on their accounts in the future. The plaintiffs, who had used PayPal as sellers, claim that they all had funds in their PayPal accounts frozen for 180 days, but PayPal failed to inform them about the type of activity that triggered the account freeze. According to the PayPal class action lawsuit, the PayPal User Agreement indicated that upon a breach of its terms, PayPal “may hold funds in a seller’s account by placing reserves on accounts and/or limiting and/or suspending seller’s accounts and holding the funds in the accounts for up to and in some cases exceeding 180 days.” Note: The video in the player above is from a previous report.PayPal operates an online payment processing service that facilitates payments between buyers and sellers of goods and services sold online. ![]() It could take up to two weeks for all the payments to go out, so claimants are being urged to wait until mid-June before making an inquiry. Those covered by the settlement include Facebook users located in Illinois for whom Facebook created and stored a face template after June 7, 2011.Ĭlaimants must have been a resident of Illinois for at least 183 days (six months) to be eligible. As part of the $650 million settlement, claimants will receive payments of between $200-$400. The lawsuit was filed over Facebook's collection and storing of biometric data of Illinois users without proper consent. RELATED: Facebook agrees to settlement in Illinois privacy class action lawsuit Facebook users in Illinois can now apply for settlement claims of as much as $400 in a privacy lawsuit.ĬHICAGO (WLS) - Facebook users in Illinois who applied to collect a settlement stemming from a class action lawsuit could see their payment any day now.Īccording to the settlement administrator, paper checks and electronic payments began going out on May 9.
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