Ever sell an item via eBay and had PayPal hold your funds longer than it should have? Or something go wrong with a buyer dispute? Check this out!

According to the suit, plaintiffs alleged that PayPal and eBay — its partner at the time — placed holds, reserves, or limitations on accounts or closed or suspended accounts.

PayPal then allegedly failed to provide these account holders with annual error-resolution notices and monthly account statements required under the Electronic Fund Transfer Act.

While PayPal and eBay denied the allegations of wrongdoing and liability, they agreed to provide payments to active account holders between April 19, 2006 and Nov. 5, 2015 who had a reserve or hold placed on their accounts during that time, or who had their accounts terminated or suspended.


Checkout the settlement here and apply for your money!

[Source: Consumerist]