Class Action Settlement Reportedly Reached In Evans v. Linden Research Class Action Lawsuit Over Second Life Virtual Lands, Items and Currency Of Terminated or Suspended Accounts.
Linden Research, Inc. (“Linden” or “Defendant”) has reportedly agreed to settlement of a class action lawsuit against it in the United States District Court for the Northern District of California (styled Evans et al. v. Linden Research, Inc. et al, Class Action Case No. C-11-01078 DMR) alleging, among other things, that persons who purchased virtual items and/or virtual land in the internet role-playing virtual world known as “Second Life” and subsequently had their Second Life accounts unilaterally terminated or suspended by Linden were not compensated for the value of the Second Life virtual land, items, and/or currency in their accounts, according to the Court’s order preliminarily approving the Second Life class action settlement agreement.
The Second Life Settlement Class reportedly includes the following persons:
All persons whose assets, including virtual items, virtual land, and/or currency in lindens and/or U.S. dollars, have been deliberately and intentionally converted by Defendant Linden’s suspension or closure of their Second Life accounts on or after April 16, 2008.
Under the Second Life class action settlement, Linden will reportedly return up to 100% of the U.S. dollar balances in Second Life class members’ accounts by transmitting the funds to class members’ PayPal accounts within ten days of Linden verifying the validity of each class member’s claim and reportedly will return up to 100% of the Linden dollar balances in class members’ accounts. With regard to virtual land, Linden will pay two Linden dollars per square meter of Second Life virtual land held by Second Life class members. With respect to virtual items, Linden will offer Second Life class members who submit valid claims the choice of $15 per settlement class member (not per account) whose account(s) contains virtual items, transmitted by Linden to his or her PayPal account within ten days of Linden verifying the validity of the claim; or the settlement class members may attempt to sell their virtual items on the Second Life Marketplace (and Linden will reportedly waive Second Life’s commission on the sales).
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