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Details on how to file a claim for the LCD panel class action lawsuit settlement have finally been released. If you purchased a laptop, computer monitor or television with a flat-panel LCD display between January 1, 1999 and December 31, 2006 manufactured by Toshiba, LG, AU Optronics, Samsung, Sharp, Hitachi, Epson, Chimei, Chunghwa or HannStar, you may be eligible to receive at least $25 cash from the class action settlement.
The LCD monitor settlement will resolve a class action lawsuit, entitled In re: TFT-LCD (Flat Panel) Antitrust Litigation, that alleges the LCD manufacturers listed above engaged in a price-fixing conspiracy to fix, raise, maintain or stabilize the prices of TFT-LCD flat panels, resulting in consumers overpaying for TVs, laptops and computer monitors containing the panels. The Defendants deny any wrongdoing, but have agreed to pay a combined $1.1 billion class action lawsuit settlement to provide refunds to U.S. consumers.
The LCD class action settlement only covers consumers who purchased INDIRECTLY from these companies. “Indirectly” means that you purchased an LCD panel in a television, monitor or notebook computer from someone other than the manufacturer of that panel (such as at Best Buy, Amazon.com, etc.). The states covered under the LCD class action settlement include:
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
To receive a cash refund from the LCD class action settlement, you must submit a claim form to the Settlement Administrator on or before December 6, 2012. Claim forms can be submitted online at www.LCDClass.com.
The amount of money you will receive from the settlement will be based on how many claims are filed as well as the number/type of LCD flat panel product you purchased, but the minimum amount you will receive is $25. A claim for the purchase of an LCD flat panel TV will be given twice the value as a claim for the purchase of a monitor or notebook computer.
Payments will be distributed after the Court grants final approval of the LCD panel settlement and any appeals are resolved. A Final Fairness Hearing is set for November 29, 2012.
Claim forms and more information on your rights in the LCD Panel Class Action Lawsuit Settlement can be found at www.LCDClass.com.
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.
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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51 thoughts onLCD TV, Laptop, Computer Monitor Class Action Settlement
I’m one of the IL residents who purchased the monitor in MO. $899.99, Why must I live in one of the the states listed. Must be more lawyers lining their pockets.
I am floored by the stupidity of some the commenters on here. Go back to University and learn something…it is in the settlement that one cannot receive less than 25$ so no matter who you tell it will be at least 25$. Before I filled out my claim I READ the settlement and the website. I amazes me how many people refuse to READ the info and just want easy $$$$. What a bunch of lazy ass losers…All Sheeple to the Gov. I suppose you expect free everything else too.
I hope everyone enjoyed emailing all their friends regarding the settlement. They already have over 5 million 7 million claims. Facebook “likes” have grown 3 fold in past 60 days. The days people could get payment for settlements are over. To many people are trying to be nice and send emails to everyone and now that the word is out all the money is being spread to thin. Thanks everyone for ruining it for everyone INCLUDING YOURSELF.
Stop telling everyone. This LCD check will be maybe enough for a Big Mac and I’m not joking.
Is there anything that a person living in one of the states not included can do?
I really thinks it nice because youre getting something back. we work hard a that we deserve, Whether its 1 dollar or 25 its still worth it.
Stop telling everyone about the settlement u idiots. They are getting so many claims we’ll be lucky to get $2.
I would like to know why residents of Colorado are excluded? Just explain why.
Thank you,
Bob
Brian, it states the consumer will get a minimum of $25.00 based on how many claims are sent in. You might get more! Think positive and if these people had not done their job, we would get nothing. They deserve something for their effort, it’s how they earn their living, just like we expect to get paid for what we do at work. I am grateful for their effort and for the ability to submit a claim. :)
I’m really tired of all these lawauits that affect people nationwide, yet only certain states are included. I’ve actually bought 3 flat panels during the settlement period, but because I live in VA I cant reclaim any money I was overcharged. Too many others are in the same situation.
Won 1.1 billion……and people will get 25.00…..damn somebody is getting paid…..but not the consumers
are the checks taxable?