Figari & Davenport announces eBay Inc. agrees to settle class action claims over recurring fees for listings with the "Good 'Til Cancelled" duration

DALLAS, Feb. 27, 2015 /PRNewswire/ -- eBay Inc. ("eBay") has agreed to pay $6.4 million to settle a class action lawsuit concerning the fees for certain eBay listings with the Good 'Til Cancelled listing duration. 

Keith Verges, Parker Young, and Ray Walker with Figari & Davenport, LLP filed the lawsuit on behalf of named Plaintiffs and a class of sellers who paid recurring Insertion Fees and Optional Feature Fees on their Good 'Til Cancelled listings.  The suit is entitled Richard Noll and Rhythm Motor Sports, LLC v. eBay Inc., Case No. 5:11-CV-04585 (EJD), and alleges that eBay did not adequately explain that fees for GTC listings would be charged on a recurring basis every 30 days.  eBay denies the allegations and denies any wrongdoing.

If approved by the Court at a hearing et for June 11, 2015, the settlement will provide a partial reimbursement of Insertion Fees and Optional Feature Fees incurred after the initial 30-day period of certain GTC listings placed between September 16, 2008 and June 19, 2012.  If the settlement is approved, most class members will not need to do anything and will receive an automatic reimbursement by account credit or by check.  However, sellers who have closed their eBay accounts, or otherwise do not have their current contact information on file with eBay, should visit the settlement website to update their contact information.

Further information regarding the allegations in the lawsuit, the terms of settlement, and class members' options can be found on the settlement website,  www.ebaygoodtilcancelledclassaction.com or by calling 1-888-487-6522.

Media: Keith Verges, FIGARI & DAVENPORT, LLP, (214) 939-2000

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/figari--davenport-announces-ebay-inc-agrees-to-settle-class-action-claims-over-recurring-fees-for-listings-with-the-good-til-cancelled-duration-300043002.html

SOURCE Figari & Davenport, LLP

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