The class action update features a new global intake

The class action update features a new global intake

Summary:

A new twist in the ‘Moneymaker’ class action targeting PayPal over alleged illegal seizures of users’ balances will bring the chance to participate to a global audience, through an additional partner added to the plaintiffs’ expanding legal and business team. The alleged victims of PayPal will be able to assign their rights to an independent manager as a result of the addition of a new firm.

A new twist in the famous Moneymaker class action targeting online-payments giant PayPal over alleged illegal seizures of users’ balances will bring the chance to participate to a global audience, via an additional partner added to the plaintiffs’ expanding legal and business team. The alleged victims of PayPal will be able to assign their rights to an independent manager who will then adjudicate the claim on their behalf, as a result of the addition of a new firm to the proceedings.

All of the alleged victims are now able to access a new global intake form at paypalclassaction.net. The extended intake form explains the process of joining the action. Once registered, each person will receive a free token that is used to verify their participation in the action.

The new strategy, according to lawyer Eric Bensamochan, overcomes the legal barriers that were placed in the way of the original class action as it was initially filed. In June, PayPal petitioned the court to combine the initial class action with a similar class action filed earlier, and to compel the matter to be heard by an arbitrator rather than moving to full trial proceedings.

At the time, Bensamochan promised to continue the fight, and the order to send the case to arbitration is still under appeal. After replacing Chris Moneymaker, Poker League of Nations founder Lena Evans is still leading the case. Moneymaker had planned to sue and retain Bensamochan for that purpose, but his participation was ruined by a five-figure sum that was paid by PayPal.

“We promised Chris Moneymaker that we would not stop fighting for all of those who have been victimized by PayPal’s practices of keeping people’s hard- earned money,” Bensamochan said. There is no limit to the amount that can be contributed, and geographic location is not an issue for this. We are prepared to take this to the fullest extent possible, after partnering with a third firm.

The Justitia Dao partnership has expanded around the world

The twist is that disgruntled PayPal users can now join the action from any country on the planet. If the users assign their rights to the manager, they can pursue claims for much smaller amounts that would normally not be worth bringing legal action to resolve. The legal approach being used to address the revised action is intended to address the anti-class action and anti-mass arbitration provisions of the original Moneymaker case.

Bensamochan told Poker.org that the revised action will begin with between 10,000 and 15,000 people, and tens of thousands more will join once word of the action spreads. Bensamochan said that they have close to 8,000 in China. Everyone who signs up will be given a token that they can use to assign their claims to a third party entity.

There is no financial risk for the new people joining the action if they learn enough about the technology to create an OpenBlock wallet. The issued token is free and does not signify any value other than participation in the Justitia Dao-aggregated action.