A friend IM’d me last night and asked what was up with this, which appears to be a class action lawsuit against SpringStreet Networks. The NY State Court system documents pertaining to the lawsuit reveal:
All natural persons who paid money to subscribe to a personals website owned or operated in whole or in part by Spring Street at any time during the period from September 7, 2001 to March 23, 2005, inclusive. There are 473,717 people fitting this class definition. Plaintiff Caleb McArthur alleges that Spring Street failed to provide in its subscription agreements: (a) that subscribers are permitted to cancel the subscription agreement, and receive full refunds if they do so within 3 days after execution of the subscription agreement; (b) that subscribers are permitted to place their memberships on hold for up to one year; (c) a “Dating Service Consumer Bill of Rights�, setting forth customer rights under New York law; and (d) a “fair and reasonable policy for the situation in which a purchaser moves to permanently reside at a location outside the service area� of Defendant.
Plaintiffs claim that Defendant entered into 473,717 such contracts.
People can choose EITHER the right to transfer up to fifteen (15) unused credits you have already paid for to another person OR you can receive new, fully transferable credits from Spring Street in an as yet undetermined amount. 40,000 or fewer class members elect this option, then you will receive twenty-five (25) new credits. If more than 40,000 class members elect this option, then you will receive credits equal to one million (1,000,000) divided by the number of class members selecting this option.
First question, is a credit a point? Why are they talking about credits, the old Spring Street payment chit, when the new FastCupid operates under a points system?
I never got an email about this, too bad. Looks like more info will be available after Feb 28th.
In looking up the credits info on FastCupid, I learned that if you spend 100 points a day you become a featured member on search page or that if you spend 2000 points you get your profile highlighted for one month.
Technorati Tags: fastcupid, springstreet
