Sellers Receive Checks as Part of $30 MLN eBay Settlement

Last Updated on Friday, 25 November 2011 12:35 Written by External Post Friday, 25 November 2011 12:35

Sellers on eBay Motors began receiving checks this month that were their portion of a $30 million settlement in a class action lawsuit. Two sellers had filed a class action lawsuit against eBay in 2009 alleging that eBay charged excessive fees for listing items in the "Parts and Accessories" category. eBay settled for $30 million in November, but denied it had overcharged sellers.

The court approved the settlement in December, and sellers began receiving checks this month.

The class consists of eBay sellers who paid Final Value Fees for selling items in the vehicle-related Parts and Accessories categories on eBay Motors between April 21, 2005, and August 26, 2009. eBay Store listings were not included in the settlement.



http://www.auctionbytes.com/cab/abn/y11/m11/i24/s01
Go to Source