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Author Topic: Prosper Class Action Suit Settled for $10 Million Over 3 Years  (Read 4042969 times)

Beachey

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #435 on: September 03, 2014, 12:52:17 pm »

I received $6.12 on a loss as described by Cubbies previously of $154.72 which is actually ~3.9%.  However, I was on  eandr123's loan of which I received about ~$25 in recovery. If you ignore that recovery and add the ~$25 to the recovery, the percentage is right around ~3.45%.

Go figure.......
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BigGulp

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #436 on: September 04, 2014, 06:34:44 pm »

$40 and change.

--Gulp
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NewHorizon

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #437 on: September 08, 2014, 12:00:51 pm »

$40 and change.

--Gulp
Defendants forgot to ask during settlement that stock options be taken into consideration when calculating individual award amounts, I gather.  ;)
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Pioneer

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #438 on: September 15, 2014, 03:21:52 pm »

I've still gotten nothing.  :ninja:
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red12049

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #439 on: September 15, 2014, 03:32:54 pm »

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“In times of change the learners will inherit the earth, while the knowers will find themselves beautifully equipped to deal with a world that no longer exists. ”- Eric Hoffer


Hillary, in most cases, is not really "lying" -- she is applying her lawyerly instinct to parse words very finely, which sometimes seems to non-lawyers to be a lie, but actually isn't.

"The fundamental cause of trouble is that the stupid are cocksure, while the intelligent are full of doubt."  Bertrand Russell

DCS

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #440 on: September 15, 2014, 09:46:31 pm »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?
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red12049

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #441 on: September 15, 2014, 10:25:20 pm »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$724.67 for me.

R
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“In times of change the learners will inherit the earth, while the knowers will find themselves beautifully equipped to deal with a world that no longer exists. ”- Eric Hoffer


Hillary, in most cases, is not really "lying" -- she is applying her lawyerly instinct to parse words very finely, which sometimes seems to non-lawyers to be a lie, but actually isn't.

"The fundamental cause of trouble is that the stupid are cocksure, while the intelligent are full of doubt."  Bertrand Russell

Beerbud1

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #442 on: September 16, 2014, 05:31:06 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$724.67 for me.

R

Wow!
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red12049

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #443 on: September 16, 2014, 06:50:34 am »

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“In times of change the learners will inherit the earth, while the knowers will find themselves beautifully equipped to deal with a world that no longer exists. ”- Eric Hoffer


Hillary, in most cases, is not really "lying" -- she is applying her lawyerly instinct to parse words very finely, which sometimes seems to non-lawyers to be a lie, but actually isn't.

"The fundamental cause of trouble is that the stupid are cocksure, while the intelligent are full of doubt."  Bertrand Russell

Beerbud1

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #444 on: September 16, 2014, 07:02:09 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$724.67 for me.

R

Wow!

Why "wow"?

R
I got $700, that means you lost more than me!
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Shenandoah

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #445 on: September 16, 2014, 08:37:17 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$724.67 for me.

R

Wow!

Why "wow"?

R
I got $700, that means you lost more than me!

That was his charge-off amount. The amount he gets from Prosper will be much less.
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We do not see things as they are. We see things as we are.

DCS

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #446 on: September 16, 2014, 11:17:59 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$724.67 for me.

R

Wow!

Why "wow"?

R
I got $700, that means you lost more than me!

That was his charge-off amount. The amount he gets from Prosper will be much less.


Exactly. If in line with what other people posted here, Red should have received a check for about $18 to $20.
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msava

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #447 on: September 17, 2014, 11:10:05 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?
$6,127.59
However, when you look at payments in excess of principal and add the miscellaneous activity (group leader payments, which are still coming in) I didn't lose any principal, just didn't get the expected interested. My accountant hates Prosper, I should probably switch to Cubbies.
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" Ten percent of what you eat feeds you, 90 percent feeds your doctor."

msava

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #448 on: September 17, 2014, 11:12:03 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?
$6,127.59
However, when you look at payments in excess of principal and add the miscellaneous activity (group leader payments, which are still coming in) I didn't lose any principal, just didn't get the expected interest. My accountant hates Prosper, I should probably switch to Cubbies.
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" Ten percent of what you eat feeds you, 90 percent feeds your doctor."

cubbiesnextyr

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #449 on: September 17, 2014, 11:57:05 am »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?
$6,127.59
However, when you look at payments in excess of principal and add the miscellaneous activity (group leader payments, which are still coming in) I didn't lose any principal, just didn't get the expected interested. My accountant hates Prosper, I should probably switch to Cubbies.

Your accountant and I are on the same page it seems  :ninja:
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