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Class Members who filed claims for the LCD price-fixing settlement may finally receive checks in the mail as early as next week.
According to the LCD price-fixing settlement website, the claims audit and verification process has been completed and the court was scheduled to make a determination about whether to distribute the funds on Oct. 17. Details of the hearing have not yet been made public.
Although the LCD class action settlement website has not yet been updated, it has been reported that checks may go out as early as next week. More than 233,000 checks will reportedly be mailed to businesses and consumers in 24 states. Claimants are expected to receive $43.49 per laptop or monitor and $86.98 per television.
The LCD panel class action lawsuit was filed in 2006 following an investigation into allegations the world’s largest LCD manufacturers had conspired to fix the price of flat screen panels since 1999. Several companies have pleaded guilty and been convicted of criminal charges related to the antitrust allegations. The companies have reportedly paid more than $1 billion in fines.
The LCD class action lawsuits alleged consumers were overcharged for electronic devices with flat panels due to the price-fixing scheme. They were eventually consolidated in multidistrict litigation (MDL) titled In re: TFT-LCD (Flat Panel) Antitrust Litigation.
The companies named in the flat panel class action lawsuit include AU Optronics, Chi Mei Optoelectronics, Chunghwa Picture Tubes, HannStar Display Corp., Hitachi, LG, Samsung, Sharp and Toshiba. There have been a total of 10 LCD class action settlements that, when combined, are worth close to $1.1 billion.
Class Members of the LCD antitrust class action settlement include consumers in 24 states who purchased televisions, laptops and desktop computers with LCD screens between Jan. 1, 1999 and Dec. 31, 2006.
The LCD price-fixing settlement is not only the largest settlement of its kind in U.S. history, but it is also one of the most consumer-friendly settlements to date. The deadline to file a claim for the LCD class action settlement passed on Dec. 6, 2012.
Top Class Actions has been reporting on the LCD indirect purchaser class action lawsuit and settlement since 2012. If you receive a check from the LCD class action settlement, let us know in the comments section below.
If you missed out on the LCD class action settlement, sign up for our free newsletter to receive updates on new class action lawsuits and settlements. You can also check out which class action settlements are still accepting claims in our Open Class Action Settlements section.
The indirect purchaser plaintiffs are represented by Zelle Hofmann Voelbel & Mason LLP and Alioto Law Firm.
The LCD Price-Fixing Class Action Lawsuit is In re: TFT-LCD (Flat Panel) Antitrust Litigation, Case No. 3:07-md-01827, in the U.S. District Court for the Northern District of California.
UPDATE: On Oct. 27, 2014, our readers began reporting that they finally received checks from the LCD panel class action settlement. Some readers have received checks worth hundreds of dollars. Let us know how much money YOU received in the comments section below. Congratulations!Â
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291 thoughts onLCD Price-Fixing Settlement Checks to Be Mailed Next Week
I got 347.00 in Illinois last week Finally !
Mich. I have not recieve my check yet. My mom got her’s. I have spent a lot more money on electronics than most.
Dis anyone in GA receive a check?
In Palm Springs, CA area. No check so far. Left telephone number each day so they can call me back, but so far they have not returned my calls.
Joe, I’m still getting mail forwarded from my move a year ago. You can call them and ask when it was mailed.
Everyone that I know that filed in VA have received there check where is mine?
Has anyone received their check when you had a change of address at the post office? Will they be forward to new address?
Check still hasn’t arrived. I will have to prostitute myself again. My husband will want to watch. He is so disgusting.
No, you are disgusting for posting your thoughts on here. This is not the place. Can we just keep the discussion limited to the pertinent of the checks? We don’t want to hear about what you need to do.
Hey TLC what vial disgusting things I or my husband do are none of your business! Are you jealous?
Jerry Jerry Jerry
Obama sucks!
How much do you charge? Just got my check so I’m good.
I live in northern California and I got mine today.. 782.00…..
I got my check $478.43
Has anyone that moved since filing their claim and had a change of address (only at the post office) received their check?
i have not got a check i am in ohio