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Old 09-16-2004, 11:09 AM   #1
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PayPal Lawsuit!!!

Is this real or fake?

http://www.settlement4onlinepayments.com/notice.php3
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Old 09-16-2004, 11:37 AM   #2
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To the best of my knowledge, its real. I recieved an email from Paypal about 6 weeks ago about it and entered my claim. No results yet though
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Old 09-16-2004, 04:14 PM   #3
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I think it is real. i just got some papers in the mail wanting to know if I wanted to be part of the class action.

-Spartan
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Old 09-16-2004, 04:21 PM   #4
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Yes it is ligit. I e-mail paypal directly and they gave my all the details.
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Old 09-16-2004, 04:33 PM   #5
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Taken from the class action notice:

How Will the Lawyers for the Class be Paid?

"...Class Counsel will make a motion to the Court for an award of attorneys' fees of up to $3,332,500 and reimbursement of expenses of up to $135,000..."

Thats got to be rough...
I wonder how much of that actually translates into pure profit for the lawyers.
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Old 09-16-2004, 07:40 PM   #6
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Being that they are getting $135,000 for expenses, would it be unfair to say $3,332,500 profit?
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Old 09-17-2004, 09:25 AM   #7
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So maybe I should file a claim? Will it be worth it or will I just end up getting into some legal trouble?
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Old 09-17-2004, 10:24 AM   #8
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Originally Posted by Sharif
So maybe I should file a claim? Will it be worth it or will I just end up getting into some legal trouble?
Can't be any worse than your shameless plug to get money from strangers.
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Old 09-17-2004, 10:27 AM   #9
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It isn't a shameless plug, it's an "honest attempt"...
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