Paypal

Class Action Settlement Over PayPal Account Closures Finally Finds Resolution

No one ever accused the litigation process of being overly expeditious, but a $4 million settlement approved by U.S. District Judge Saundra Brown Armstrong will finally put an end to a class action lawsuit that has spanned nearly seven years. The original suit was filed by lead plaintiff Moises Zepeda, who sued PayPal in 2010 for allegedly closing his account and pocketing the money and …


OPINION: Lawsuit Against PayPal Alleges Charities Never Received Donations

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NEW YORK, NY – JULY 20: PayPal President and CEO Dan Schulman speaks before ringing the bell at Nasdaq this morning on July 20, 2015, in New York City.