From Ebay: You May Be Eligible For A Fee Credit

Dear [Redacted]:

As a seller that paid Good 'Til Cancelled ("GTC") fees for ebay listings in the United States between September 16, 2008 to June 19, 2012, you have been identified as a Settlement Class Member in the
Noll v. ebay Inc. class-action suit.

We are writing today to let you know that the Settlement has now received final approval from the Court, and—as a result of this approval—you may be eligible for a credit. If you are eligible, your credit will be calculated and automatically applied to ebay account [redacted], reflected on your statement as "Good 'Til Cancelled Credit."

Please note that there is nothing that you need to do to receive this credit. If you have any questions about this credit, please visit www.ebaygoodtilcancelledclassaction.com, email info@ebaygoodtilcancelledclassaction.com, or call 1-888-487-6522.

As always, thank you for selling on www.ebay.com/b/260/" rel="nofollow">ebay.

Sincerely,

The www.ebay.com/b/260/" rel="nofollow">ebay Seller Team

the last time they had a settlement I got a check in the mail for 40 cents

Yep, these types of things are money makers for law firms but virtually no one else.

If you can verify that this is an authentic class-action settlement, what do you have to lose? I have participated in several over the past decade-or-so. Yeah, I once got a check for two-cents, but about six months back, I received $91.43 but as my grampa always told me -
"Free money is free money."

...and yes, my wife laughs at me every time I "see a penny pick it up!"

Class actions can be useful tools to correct grievances that affect many people but that individual consumers could not afford to pursue because the amounts are too small, litigation is horribly expensive, etc. They are one of the reasons that credit card companies, banks, and other large companies and institutions now have mandatory arbitration provisions in the fine print of their user agreements. I don't know if ebay does or not. Obviously, it didn't at one time.

Got my check in the mail today, Just in time for Christmas yeaaaaaaaaaaaa a whole 7 cents

actually this may have been from an older acct that I closed, I did also get a fee credit of 1.38 on the acct I use now. Still why would you waste .39 to mail a .07 check

$.53 here, thanks for pointing this out, I would have missed it!