|
Title: What's happening with Patreon? Post by: Jet Cash on August 01, 2020, 04:28:29 PM It looks as if they have got themselves into some legal hassles that will destroy the company.
Will they take their customers' money to try to stay afloat? Title: Re: What's happening with Patreon? Post by: TryNinja on August 02, 2020, 02:20:58 AM Had to search a bit to find what's that about, and found this post on their subreddit:
I'm not sure if post is within the guidelines of this subreddit, so if not, just remove it. I'm trying to dispel a lot of false posts/stories circulating today stating that Patreon "now owes millions" in legals fees it cannot pay and to hurry up and close your accounts. This is 100% false, and information spread by a certain group who is very unhappy that a particular creator got banned. What happened is 72 of his followers filed arbitration cases. Patreon tried to get an injunction against them in CA court under a clause that forbids class actions. The judge only issued a tentative ruling that denied Patreon's motion for an injunction. If Patreon ultimately has to arbitrate those cases, they could have to pay up to $10,000 per case, or $720,000. The "Patreon lost a lawsuit" and "owes millions" story is 100% false. Still don't know exactly what is happening with them, though. Could you share a link? Title: Re: What's happening with Patreon? Post by: Yogee on August 02, 2020, 02:32:09 AM TryNinja, it seems none of the major online publications had covered the story yet. I can only find twitter and youtube links:
- https://twitter.com/Cernovich/status/1288868346859905024 - https://www.youtube.com/watch?v=CzsNQVk5YaQ |