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$55.7M eBay Crisis Cost Explained

$55.7M eBay Crisis Cost Explained

A lawsuit against eBay and three of its former executives has been settled for $55.7 million. The case involved a Massachusetts couple who faced harassment and targeting by company employees after they reported on the company's activities through a news bulletin. The settlement included a payment of $46.15 million to the couple, along with $6 million in charitable donations, and a strongly worded apology statement condemning the misconduct of the former officials. The campaign against the couple, which began in August 2019, involved former employees monitoring them and traveling to surveil them in an effort to silence their criticism of the company. Seven former eBay employees pleaded guilty and were sentenced to prison for their participation in the campaign, which aimed to suppress the Eisner News newsletter that was critical of the company.

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