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Did you buy a laptop, TV or monitor a while back? If so, you may be owed money under a class action lawsuit settlement with major LCD manufacturers involving price-fixing charges.
If you bought a laptop, computer monitor or television with a flat-panel LCD display between 1999 and 2006, you could be eligible for damages under a collective $538 million class action settlement with Samsung, Sharp, Hitachi, Epson, Chimei, Chungwa and HannStar.
This class action lawsuit settlement only covers consumers who purchased INDIRECTLY from these companies. “Indirectly” means that you purchased a TFT-LCD panel in a television, monitor or notebook computer from someone other than the manufacturer of that panel. If you purchased DIRECTLY from the manufactures, a separate class action lawsuit settlement affects you. Go to www.TFTLCDclassaction.com for information on the LCD Direct Purchasers Class Action Settlement, which we explain in detail here.
The “indirect” LCD panel class action settlement will resolve a class action lawsuit alleging the LCD manufacturers conspired to fix, raise, maintain, or stabilize prices of TFT-LCD Flat Panels resulting in overcharges to consumers who bought products containing the panels.
Not all of the companies have settled, but those that have settled have set up a class action settlement fund of more than $538 million to pay individual and business consumers in the District of Columbia and the following 24 states:
* Arizona
* Arkansas
* California
* Florida
* Hawaii
* Iowa
* Kansas
* Maine
* Massachusetts
* Michigan
* Minnesota
* Mississippi
* Missouri
* Nevada
* New Mexico
* New York
* North Carolina
* North Dakota
* Rhode Island
* South Dakota
* Tennessee
* Vermont
* West Virginia
* Wisconsin
The indirect LCD panel class action lawsuit settlement also includes a “nationwide” class of any person or business that indirectly purchased in the United States a TFT-LCD panel product from one or more of the Defendants between 1999 and the present.
The amount of money you will receive from the LCD panel class action settlement, and when you will receive it, is unknown at this time because the lawyers for the Plaintiffs are pursuing lawsuits against the non-settling companies. The on-going litigation may result in additional money for Class Members.
In order to receive a payment, you will need to file a valid claim form when the claims period begins. A notice about the claims process will be made available after the conclusion of the lawsuits or as ordered by the Court.
If you want to receive a notice about the claims process or future class action settlements, you should register at www.LCDclass.com or by calling (855) 225-1886.
More information on your rights in the Indirect LCD Panel Class Action Lawsuit Settlement can be found at www.LCDclass.com.
UPDATE: The remaining three Defendants have settled, agreeing to pay an additional $543.5 million to consumers. That means claim forms for the LCD Panel Class Action Settlement will be made available in early August 2012 if the Court approves the settlement. Read about the case update here.
UPDATE 4/14/14: Distribution of funds from the LCD class action settlement has been delayed by appeals. The Settlement Administrator is estimating that the appeals will not be resolved until 2015 to 2018. Read more.
UPDATE 7/24/14: All appeals have been resolved and payments could go out at early as September or October 2014. More info.
UPDATE 10/23/14: A federal judge reportedly gave authorization to distribute the LCD class action settlement funds at a hearing on Oct. 17. 2014, and the checks are likely to be distributed the last week in October. Read more.
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24 thoughts onLCD Panel Class Action Lawsuit Settlement
UPDATE 10/23/14: A federal judge reportedly gave authorization to distribute the LCD class action settlement funds at a hearing on Oct. 17. 2014, and the checks are likely to be distributed the last week in October. Read more.
Hey there folks. Anyone have any idea if the checks will be mailed out by Monday, October 20th? Thanks and have a great weekend.
Reply
UPDATE 7/24/14: All appeals have been resolved and payments could go out at early as October or November 2014. More info.
UPDATE 4/14/14: Distribution of funds from the LCD class action settlement has been delayed by appeals. The Settlement Administrator is estimating that the appeals will not be resolved until 2015 to 2018. Read more.
You are being sent this email because you filed a claim in the LCD Indirect Purchaser Class Action Settlement. This email is to provide an update on the court proceedings in this case which directly affect when payments will be disbursed under the Settlement.
As of April 2013, the United States District Court for the Northern District of California had granted Final Approval of settlements with all of the Defendants in this case. Soon thereafter, appeals were filed by individuals/entities who had objected to the settlements, which appeals are currently pending in the 9th Circuit U.S. Court of Appeals. Based on experience with that court, it is expected that those appeals will not be scheduled for oral argument until the winter or spring of 2015, at the earliest. After oral argument, it could take one to three years for the entire appeal process to be finally concluded.
Unfortunately, distribution of Settlement Funds cannot occur until after the appeals are all resolved. Hence, at this point, the date of the distribution is unknown but could be delayed for years.
Receipt of this email does not mean that your claim has been deemed eligible. We are continuing to review claims and we will contact you if your claim is deficient or additional information is needed. If you would like to know if anything further is needed for your claim, or if you have questions regarding the Court proceedings, please feel free to email the Notice Administrator at info@lcdclass.com or call the toll-free hotline at 1-855-225-1886. Additionally, if you change addresses, please let us know.
there is still one appeal remaining I hope it is the distribution appeal
I was told that you do not need to do anything according to the letter that was sent. if you agree with the amount of merchandise that you submitted and if you submitted more that one only the first claim that you submitted was the one that was processed. The remaining three defendants has settled agreeing Now what the hold up is I don’t know If you ignore the process it will be in you mail box sooner that you know it. But it is still understood if that letter was supposed to be sent back or not maybe I will give them a call but as understood if you agree you do not need to do anything else but wait..
an update says that the remaining three defendants have settled the claims are processed already maybe were in the money
wheres alabama
THE WABSITE SAYS. THE LAWYERS FOR THE PLAINTIFFS ARE PURSUING LAWSUITS AGAINST NON-SETTLING COMPANIES. THE ON-GOING LITIGATION MAY RESULT IN ADDITIONAL MONEY FOR CLASS MEMBER. SO, THE AMOUNT OF MONEY AND WHEN YOU WILL RECEIVE IT IS UNKNOW AT THIS TIME.