Jun 28 2005
PayPal Pays Up
I received a $13.59 (U.S.) check from Paypal today with this cover letter:
As the Claims Administrator for this Litigation we are pleased to enclose herewith a check representing your pro rata share of the Net Settlement Fund for your short form claim submitted in the In re Paypal Settlement Litigation. As approved by the Court, a $1.00 fee has been deducted from your payment to cover the cost of issuing and mailing your check.
I forgot all about it. I submitted an online form on a whim in August last year, doubtful I’d receive anything from them. The original notice about the claim stated:
If you make a timely, valid claim using the Short Claim Form, you will receive a payment of $50, unless the amount needed to pay all of the Short Form claims exceeds the Short Form Fund. In that case, the Short Form Fund will be divided equally among all Short Form Claimants.
The Short Form Fund must have maxed out. Damn.
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