Story perspectives

eBay, Ex-Executives Settle Journalist Lawsuit for $56 Million

7/29/2026

Summary

Story summary

eBay and former executives agreed to pay $56 million to settle a lawsuit filed by Massachusetts journalists David and Ina Steiner.
eBay will contribute $46.15 million to the Steiners and $6 million to nonprofit charities.
Former executives will pay $2.55 million total, with former CEO Devin Wenig paying $2 million and pledging a $1 million First Amendment-rights donation.
Seven former employees pleaded guilty between 2022 and 2024 and received prison terms of up to 57 months.

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Story summary

eBay and former executives agreed to pay $56 million to settle a lawsuit filed by Massachusetts journalists David and Ina Steiner.
eBay will contribute $46.15 million to the Steiners and $6 million to nonprofit charities.
Former executives will pay $2.55 million total, with former CEO Devin Wenig paying $2 million and pledging a $1 million First Amendment-rights donation.
Seven former employees pleaded guilty between 2022 and 2024 and received prison terms of up to 57 months.