Philips/Magnavox Plasma TV Class Action Lawsuit Settlement

Website of the Class Action Lawsuit Settlement Administrator (UPDATE YOUR INFORMATION HERE): www.PhilipsPlasmaTVSettlement.com

Address to submit a claim form (REQUIRED):

Phone Number to call for assistance: (855) 477-4407

Details: The Philips/Magnavox plasma TV settlement will resolve a consolidated class action lawsuit, entitled In re: Philips/Magnavox Television Litigation, that alleged certain flat screen televisions sold by Philips Electronics North America Corporation suffer from a design defect that causes internal components (called capacitators) to prematurely fail, resulting in the televisions becoming inoperable.

Philips manufactured and sold plasma flat screen televisions under the “Philips” and “Magnavox” brand names at major electronics retailers in the United States until 2008, when it exited the domestic consumer television business in the U.S. Philips denies any wrongdoing but has agreed to end the litigation by creating a class action settlement fund to pay out benefits to Class Members.

Class Members of the Philips plasma TV class action settlement include anyone who purchased new or received as a gift a new Philips or Magnavox plasma television in the U.S. containing one of the following model numbers with a serial number reflecting a manufacturing date between November 1, 2005 through December 31, 2006:

50PF9830A/37
50PF9731D/37
50PF9631D/37
50PF9630A/37
50PF9431D/37
50PF7321D/37
50PF7320A/37
42PF9630A/37
42PF7321D/37
42PF7320A/37
42PF7220A/37
42PF5321D/37
50MF231D/37
50PF7220A/37

Class Members  have been divided into five categories, with each category entitled to a different level of benefits from the proposed Philips/Magnavox plasma TV class action settlement. Your settlement benefits will depend on the following:

* Whether you previously contacted Philips to complain about the problems at issue in this case.

* Whether your Philips Plasma TV exhibited a problem with capacitors on the power supply board.

* Whether you previously paid to have your Philips Plasma TV repaired due to a problem with capacitors on the power supply board.

* Whether you already obtained any refund from a Philips-related entity or any retailer for your Philip Plasma TV(s). Anyone that has already obtained any refund from a Philips- related entity or a retailer in connection with the Philips Plasma TV(s) for which the Settlement Class Members seek relief here is excluded from the Settlement Class.

Depending on which class action settlement category you fall under, you can file a claim to receive a settlement voucher worth up to $145 or $160, or a cash payment of $55 or $65 for each new Philips or Magnavox plasma TV you purchased or received if you can provide proof of purchase/receipt. If you do not have proof, you can file a claim to receive a voucher for either 20%, 30% or 50% of the settlement money that corresponds to the category you fall under.

More details about your settlement award can be found at www.PhilipsPlasmaTVSettlement.com.

To receive a voucher or cash payment under the Philips/Magnavox plasma TV class action settlement, you must submit a valid claim form and the requested paperwork about your claim by February 28, 2012.

Claim forms and more information about how to determine which settlement category you fall under in the Philips/Magnavox Plasma Television Class Action Lawsuit Settlement can be found at www.PhilipsPlasmaTVSettlement.com.

Manufactured Between: November 1, 2005 through December 31, 2006

Claims must be postmarked by: 2/28/12

MORE DETAILS BELOW!

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Settlement Administrator(s): Rust Consulting, Inc.

Class Counsel:

Defense Counsel:

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