Settlement FAQs

what contract problem did penny arcade settlement

by Emilia Murray Published 3 years ago Updated 2 years ago
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A settlement has been proposed for several class action lawsuits that challenge the accuracy of Penny Arcade coin-counting machines at TD Bank NA stores. If you used a Penny Arcade machine at a TD Bank store between April 11, 2010 and July 12, 2017, you may be entitled to a cash payment from the class action settlement.

Full Answer

How many Penny Arcade users are TD Bank paying?

Parisi Sanchez is one of roughly 5.1 million Penny Arcade users whom TD Bank is paying this year as part of the $7.5 million settlement to resolve eight class action complaints. Like Parisi Sanchez, many consumers are getting single-digit payments.

How much did Parisi Sanchez get Paid for Penny Arcade?

Parisi Sanchez is one of roughly 5.1 million Penny Arcade users whom TD Bank is paying this year as part of the $7.5 million settlement to resolve eight class action complaints. Like Parisi Sanchez, many consumers are getting single-digit payments. This reporter received $3.10.

What happened to the penny arcade games?

The game features many elements of the Penny Arcade universe in a 1920s steampunk setting. In 2010, Krahulik and Holkins announced that the remainder of the series had been cancelled, to allow Hothead to focus on other projects.

Who is the creator of the comic strip Penny Arcade?

Penny Arcade is a webcomic focused on video games and video game culture, written by Jerry Holkins and illustrated by Mike Krahulik. The comic debuted in 1998 on the website loonygames. com. Since then, Holkins and Krahulik have established their own site, which is typically updated with a new comic strip each Monday, Wednesday, and Friday.

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Why did TD Bank stop the Penny Arcade?

The class action claims stemmed from an April 2016 NBC Today report that found TD Bank's machines repeatedly undercounted coins. In one instance, a Penny Arcade counted $300 worth of coins as $256.90 — a nearly 15 percent error.

Does TD Bank have Penny Arcade?

TD Bank retired its fleet of Penny Arcade machines in 2016— a month after an investigation found they were shortchanging customers. Toronto-based TD, which has its U.S. headquarters in Cherry Hill, N.J., inherited the machines from its acquisition of Commerce Bancorp in 2007.

What bank has the Penny Arcade?

TD BankThe service is free for TD Bank customers. In some cases, however, people using TD Bank's Penny Arcade have been getting shortchanged. The "Today" investigation found that, in one instance, a machine churned out a receipt worth just $256.90—nearly 15% less than the $300 deposited.

Does TD Bank have a coin-counting machine?

Which Banks Have Coin Counters? Chase, Bank of America, Citibank, Capital One, PNC Bank, TD Bank, BB&T, and other major national banks no longer provide coin-counting machines to customers or to non-customers.

How much does TD Bank charge for coin counting?

The service, which was a free-for-all, started to come with a 6% fee for those who don't have a TD account.

Do banks count coins for free?

Take your coins to a community bank or credit union Many big banks have phased out their coin-counting services in recent years, but the regional banks or credit unions that do offer coin exchange likely do so at no cost to customers. There may be a small fee for noncustomers to use the bank's coin-counting services.

Where can I deposit a loose coin?

Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers. Some banks like Wells Fargo will exchange rolled coins for noncustomers without a fee.

Do Canadian banks still accept pennies?

If I'm paying a bill at my bank, can I use pennies? Yes, pennies continue to be legal tender in Canada and banks accept them for cash payments.

How much are rolls of coins?

Number of US Coins per Roll, Rolls per Box, and Corresponding Face ValuesDenominationCoins per RollRoll ValuePennies50$0.50Nickels40$2.00Dimes50$5.00Quarters40$10.002 more rows•Dec 10, 2020

Is Coinstar free at Walmart?

You do not pay a fee; however, Coinstar retains a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities.

Does Walmart have a coin exchange?

Turn coins into cash, a charity donation, or a no-fee eGift card from top brands at a Coinstar kiosk in Walmart. In-store only.

What to do with lots of coins?

Here are 10 ways to make those coins work for you.Roll It Up. ... Open a Savings Account. ... Save for Holiday Gifts. ... Create a Vacation Fund. ... Teach Your Kids About Saving. ... Start a College Fund. ... Put It Toward Your Latte Fix. ... Donate to Charity.More items...

Does TD Bank exchange coins for cash?

Pick up currency today at select TD Bank locations or a TD Foreign Exchange Center. Be sure to call ahead to confirm currency availability.

Does TD Take rolled coins?

TD Bank had operated more than 1,000 of the machines at banks from Maine to Florida, according to its statement. The bank will keep taking pre-rolled coins, and other options abound for people looking to turn in coins by the bucket rather than by the roll.

JobIII Active Member

I am working on writing a small article on this topic. I'd love to hear if anyone has received payouts. I would love to get feedback from any whales (i.e. receiving a settlement check above $1000). Really any feedback on penny arcade, TD Bank's response, or this settlement situation in general is welcomed.

JobIII Active Member

TD Bank had coin counters in their stores. The machines were called, "penny" it was a way to market saving to young people. The machines were great for returning coins in any denomination and volume.

CoinBlazer Numismatic Enthusiast

I don't use TD so I don't have a comment but were the counters under or over counting?

Sullysullinburg Well-Known Member

Wait what there was payouts from that? Anyone know if there is still a way to get in on it?

ace71499 Young Numismatic

I actually received mine just today. Thought about making a thread about it, but decided not to... Glad you did.

Blissskr Well-Known Member

I got a check for $11.96 the other day. I thought it was junk mail at first it was like a cheap white post card thing that was also the check. I should have gotten more as half the time I dumped on them I didn't deposit the money in my account I just exchanged the voucher for cash and they never accessed my account at all.

JobIII Active Member

Wait what there was payouts from that? Anyone know if there is still a way to get in on it?

Why did Krahulik and Holkins create Penny Arcade?

Krahulik made a post about the honor, in which he explained that Penny Arcade was created only because Next Gen rejected the duo's entry to a comic contest many years before. Entertainment Weekly listed Penny Arcade on their "100 Sites to Bookmark Now," calling it "a hilarious and smart webcomic for gamers." MTV Online named Holkins and Krahulik two of the world's most influential gamers, saying "they have become the closest the medium has to leaders of a gamers' movement." Time.com named Penny Arcade as one of its "50 Best Websites" for 2008 "...for the way it pokes fun at the high-tech industry and the people who love it ." 1UP.com described it as "the One True Gaming Webcomic." Penny Arcade was used along with American Elf, Fetus-X, and Questionable Content as an example of comics using the web to create "an explosion of diverse genres and styles" in Scott McCloud 's 2006 book Making Comics.

When did Penny Arcade the Game come out?

Cryptozoic Entertainment released the licensed deck-building card game Penny Arcade The Game: Gamers Vs. Evil in 2011, and followed it with the expansion pack Penny Arcade The Game: Rumble in R'lyeh in 2012. Playdek released a digital conversion of Penny Arcade The Game: Gamers Vs. Evil for iOS in 2012.

How many readers does Penny Arcade have?

Penny Arcade is among the most popular and longest running webcomics currently online, listed in 2010 as having 3.5 million readers. Holkins and Krahulik are among the first webcomic creators successful enough to make a living from their work.

What is the Penny Arcade comic?

Genre (s) Gaming, Humor, Satire. Penny Arcade is a webcomic focused on video games and video game culture , written by Jerry Holkins and illustrated by Mike Krahulik. The comic debuted in 1998 on the website loonygames.com.

Why did they remove the Dickwolves shirt?

They later removed the "Team Dickwolves" shirt from their store due to complaints that it made potential PAX attendees uncomfortable. After the removal, Krahulik posted online that removing the shirts was only partly caving to pressure but mainly due to people who had personally emailed him and were reasonable with their concerns. Krahulik also stated that anyone still hesitant about going to PAX even after removal of the shirts should not come to PAX. In September 2013, on the last day of PAX, Krahulik told a panel that he thought that "pulling the dickwolves merchandise was a mistake", to cheers from the crowd. However, Krahulik later apologized on the Penny Arcade website, stating that he regretted contributing to the furor that had followed the original comic. Both critics of the comic strip and Krahulik and Holkins, made claims of receiving verbal abuse through social media and death threats.

What is the name of the DivX player in Penny Arcade?

Profanity and violence are common in Penny Arcade and the strip is known for its surrealism; zombies, a talking alcoholic DIVX player called Div, Santa Claus, a robotic juicer called the "Fruit Fucker 2000", and Jesus, among others, are known to drop in often and for petty reasons.

Who was the Seattle Police Chief who faxed the letter to Penny Arcade?

On October 18, 2005 it was reported that Jack Thompson had faxed a letter to Seattle Police Chief Gil Kerlikowske claiming that Penny Arcade "employs certain personnel who have decided to commence and orchestrate criminal harassment of me by various means". Holkins defended the site by saying that the "harassment" Thompson referred to was simply "the natural result of a public figure making statements that people disagree with, and letting him know their thoughts on the matter via his publicly available contact information".

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