Paypal Class Action Lawsuit

Notices are now being sent to claimants for the Zepeda v. Paypal class action lawsuit. This lawsuit affects anyone that PayPal tried to screw over from April 2006 and November 2015. Here is the notice and link to file a claim:

A settlement has been reached in a class action in which the plaintiffs allege, among other things, 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 a member of the Settlement Class if you had an active PayPal account between April 19, 2006 and Nov. 5, 2015. Certain Settlement Class Members who had a hold or reserve placed on their account and/or who had their account closed or suspended by PayPal are eligible to receive a monetary payment upon submission of a valid claim form.

This notice summarizes the proposed settlement. For the precise terms and conditions of the settlement, please see the Settlement Agreement available at http://www.accountholdsettlement.com/, by accessing the Court docket in this case through the Court’s Public Access to Court Electronic Records (PACER) system at https://ecf.cand.uscourts.gov, or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.

PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK’S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.

Paypal Class Action Lawsuit by

7 thoughts on “Paypal Class Action Lawsuit

  1. I would like to sign up for this Class Action suit. Pay Pal has a “HOLD” on my account and Puritan’s Pride can’t give me my refund because of this.

    Would you sent me a link, so I could sign up.

    Thank you very much

    gramynan@midcoast.com

  2. Pay Pal tells me that pending funds being held through a Ebay sale are an Ebay issue,so i am confused to what is correct? advice appreciated,thank you

  3. I had an ebay store that paypal closed down without good cause Aug 2nd 2012
    and withheld over 20,000.00 for over 6 months. Pay pal also placed my account sales on
    hold reserve for the entire 4 years I had my store releasing funds back every 90 days. I wish to add my name and store name to the list of those suing pay pal for taking away my business.

  4. I have over $8,000 on hold with Paypal and they are on hold for 180 days. I would like to be on this lawsuit. How do I get signed up?

  5. Same just happened here. They said they really wanted to hold $20,000, but reduced it down to $6,000. Ummm, thank you? They only provided less than 24 hours notice as well, so my checks to suppliers started being returned for NSF! Now I am trying to figure out if I can even save the company, quit paying on my house, let employees go, etc.

    Sign me up!

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