eBay Sets up $6.4 Million Fund to Settle Lawsuit
Two online sellers filed class-action lawsuits against eBay claiming it didn't make it clear that it charged recurring fees for "Good ’Til Canceled listings." On Friday, sellers began receiving notice of a settlement the parties reached in Noll et. al v. eBay Inc. et al. In January, eBay set up a $6.4 million settlement fund. The lawsuit claimed eBay deliberately tricked customers into paying recurring fees for its Good 'Til Canceled listings, which automatically renew every 30 days until the seller cancels the listing or the item is sold.