Class Action Lawsuit against Paypal for holding funds
There is a class action lawsuit in the works against Paypal for their Illegal of holding funds for 21 days among other things. Information to join in this class action lawsuit below. A law firm out of Chicago, Freed & Weiss in the coming weeks will be doing a major advertising campaign broadcasting TV commercials and print ads around the country, in an effort to encourage others who have been victimized by PayPal to join in. I myself have gotten the attention of NY State Senator Chuck Schumer and his office through my sister's law firm about Paypal's practices and brought attention to Schumer's office of not only with Paypal's holding money for 21 days. But to investigate on whether or not Paypal is profiting on that money but to find out if this is a way of them doing stock manipulation to appease to stock holders and to inflate their stocks. Interesting from my research is Paypal in the last year has hired former retail bankers from corrupt banking institutions that have hosed our government out of Billions due to the bailouts the banks have received and squandered. The CEO of PAYPAL, Scott Thompson got a huge raise last year and for those that don't know was the Information officer for the now defunct Barclays Global Investors which also has a shady past that was bought by another financial firm Black Rock. Oh how the wheels keep spinning with these Financial crooks. Here is the information for the Class Action Lawsuit that will be coming soon against Paypal. Here is the message that I received from letssuepaypal.com this morning, as follows. “To everyone registered, and interested: I was informed late today, that the Law Firm of Freed & Weiss have agreed to file a Class Action Lawsuit against PayPal for the wrong doing of Holding funds and other issues. For those of you who have already contacted the Attorneys, I have been told that you will be receiving a copy of the filing. For those of you who have not contacted the Law Firm, please do so as soon as possible to add your name to the suit. I have also been told that the Law Firm should be posting TV commercials, and print ads around the country, in an effort to encourage others who have been victimized by PayPal to join in. Also I have closed the forum to any further postings, as I no longer have the time to delete all the spam that makes its way on my forum.”
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