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→Shareholders Lawsuit
On July 7, 2002, two shareholders of PayPal filed a lawsuit against the company's merger with eBay. The shareholders claimed that eBay's proposed price for the Paypal stocks is "inadequate and unfair", which is 0.39 eBay shares for every PayPal share. The total value of the transaction was $1.5 billion. Despite the objections, the Department of Justice cleared the Ebay and PayPal merger after conducting an investigation. <ref>[http://www.zdnet.com/news/paypal-ebay-hit-with-shareholder-lawsuit/124018 PayPal, eBay hit with shareholder lawsuit]</ref>
On July 7, 2002, two shareholders of PayPal filed a lawsuit against the company's merger with eBay. The shareholders claimed that eBay's proposed price for the Paypal stocks is "inadequate and unfair", which is 0.39 eBay shares for every PayPal share. The total value of the transaction was $1.5 billion. Despite the objections, the Department of Justice cleared the Ebay and PayPal merger after conducting an investigation. <ref>[http://www.zdnet.com/news/paypal-ebay-hit-with-shareholder-lawsuit/124018 PayPal, eBay hit with shareholder lawsuit]</ref>
<ref>[http://news.cnet.com/2100-1017-954551.html?tag=mncol;txt eBay-PayPal deal clears federal scrutiny]</ref>
<ref>[http://news.cnet.com/2100-1017-954551.html?tag=mncol;txt eBay-PayPal deal clears federal scrutiny]</ref>
==ICANN Involvement==
Bill Smith, PayPal's technology evangelists serves as the company's advocate and representative to the [[ICANN|Internet Corporation forAssigned Names and Numbers]] particularly on issues related to the reliability, security and stability of the internet.He also represents PayPal at the [[Internet Governance Forum|IFF]], [[American Registry for Internet Numbers|ARIN], [[World Summit on the Information Society|WSIS]], [[International Telecommunications Union|ITU]] and the [[Internet Engineering Task Force|IETF]].<ref>[http://www.intgovforum.org/cms/index.php/component/chronocontact/chronoformname=2011PanelistBioView&wspid=309 Panelists Biographies 2011 Worshops]</ref>
==References==
==References==
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