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LAWSUITS NEWS & LEGAL INFORMATION

$576.75M Cathode Ray Settlement Reached


This is a settlement for the Antitrust lawsuit.

Santa Clara, CA: A $576.75 million settlement has been reached in a price-fixing class action lawsuit pending against makers of Cathode Ray Tubes, (CRTs). These devices were sold separately or as the main component in TVs and computer monitors.

The Settlement includes CRTs and CRT Products purchased for private use and not for resale. Purchases made directly from a defendant or alleged co-conspirator are not included.

The lawsuit claims that the Defendants fixed the prices of CRTs causing consumers to pay more for CRTs and products containing CRTs, such as TVs and computer monitors (collectively "CRT Products"). The Defendants deny Plaintiffs' allegations. The court granted preliminary approval of the new Settlements on July 9, 2015.

Individuals and businesses qualify for money from this settlement if they purchased a CRT or product containing a CRT, such as a TV or computer monitor, in the following states for their own use and not resale:

Arizona, California, Florida, Iowa, Kansas, Maine, Michigan, Minnesota, Mississippi, New Mexico, New York, North Carolina, North Dakota, South Dakota, Tennessee, Vermont, West Virginia, Wisconsin or the District of Columbia between March 1, 1995 and November 25, 2007
Hawaii between June 25, 2002 and November 25, 2007
Nebraska between July 20, 2002 and November 25, 2007
Nevada between February 4, 1999 and November 25, 2007

To be eligible to make a claim, you must have purchased the CRT televisions, monitors or other CRT Products "indirectly", meaning that you purchased the products from someone other than the defendant manufacturers or alleged co-conspirators. Purchases made directly from a defendant or alleged co-conspirator are not included. Persons or businesses who purchased directly from a defendant manufacturer or alleged co-conspirator should visit http://www.crtdirectpurchaserantitrustsettlement.com/ for additional information.

Purchases of Sony® branded televisions and monitors are NOT eligible to be included in the CRT indirect purchaser case. All other brands of CRT televisions and monitors are eligible.

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Published on Oct-15-15


READER COMMENTS

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I talked to someone last month at the law office through email ,and they told me they are going through claims to see who was eligible

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When will checks be mailed out thank you

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