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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Update:
- The court granted this settlement final approval Nov. 6, 2023.
- Let Top Class Actions know when you receive a check in the comments section below or on our Settlements & Payouts Facebook group.
Mitsubishi agreed to a $33 million class action lawsuit settlement to resolve claims it worked with other companies to raise cathode ray tube (CRT) costs.
The settlement benefits consumers who purchased a CRT product (CRT television or CRT computer monitor) from a retailer other than the manufacturer between March 1, 1995, and Nov. 25, 2007, in various states.
States covered in the settlement are: Arizona, Arkansas, California, District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, South Carolina, South Dakota, Tennessee, Utah, Vermont, West Virginia and Wisconsin. This list includes nine new states not included in previous settlements.
The CRT multidistrict class action lawsuit claims Mitsubishi conspired with other manufacturers, such as LG, Hitachi and Samsung, to raise and fix the price of CRTs. As a result of this alleged scheme, consumers were forced to pay a higher price for CRT televisions and monitors, the class action lawsuit contends.
Mitsubishi Electric is an electronic products manufacturer based in Japan. The company is in the same group as Mitsubishi Motors, an automotive manufacturer.
Mitsubishi hasn’t admitted any wrongdoing but agreed to pay $33 million to resolve the class action lawsuit against it. With older settlements, this brings the total CRT class action settlement amount to over $547 million.
Under the terms of the Mitsubishi CRT class action lawsuit settlement, class members can receive a proportional cash payment based on the number of eligible products purchased. Documentation of CRT purchases may be required to validate claims but is not required to be submitted with claim forms.
Class members who claim a larger number of CRT units will receive a larger share of the net settlement fund. Standard CRT televisions (less than 30 inches) will be weighted as 1 CRT unit, large CRT televisions (larger than 30 inches) will be weighted as 4.3 CRT units and CRT monitors will be weighted as 3 CRT units. Exact payments will vary, but claimants are guaranteed to receive a minimum payment of at least $10.
The deadline for exclusion and objection is April 14, 2023.
The final approval hearing for the settlement is scheduled for June 1, 2023.
In order to receive a CRT class action settlement payment, class members must submit a valid claim form by June 13, 2023. Claimants who submitted claim forms for previous CRT settlements do not need to file an additional claim unless they wish to claim additional purchases.
Who’s Eligible
The settlement benefits consumers who purchased a CRT product (CRT television or CRT computer monitor) from a retailer other than the manufacturer between March 1, 1995, and Nov. 25, 2007, in various states.
States covered in the settlement are: Arizona, Arkansas, California, District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, South Carolina, South Dakota, Tennessee, Utah, Vermont, West Virginia and Wisconsin.
Potential Award
Varies.
Proof of Purchase
Documentation of CRT purchases may be required to validate claims.
Claim Form
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Claim Form Deadline
06/13/2023
Case Name
In re: Cathode Ray Tube (CRT) Antitrust Litigation, Case No. 4:07-cv-5944 JST, in the U.S. District Court for the Northern District of California
Final Hearing
06/01/2023
Settlement Website
Claims Administrator
CRT Claims
c/o The Notice Company
P.O. Box 778
Hingham, MA 02043
info@crtclaims.com
800-649-0963
Class Counsel
Mario N Alioto
Lauren C Capurro
TRUMP ALIOTO TRUMP & PRESCOTT LLP
Defense Counsel
Terrence J Truax
Michael T Brody
JENNER & BLOCK LLP
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3 thoughts onMitsubishi Electric CRT antitrust $33M class action settlement
From The settlement website along with edit from Pacer Case 4:07-cv-05944-JST Document 6366 Filed 03/05/24 Page 1 of 2
The Court, having considered the Indirect Purchaser Plaintiffs’ (“IPPs”) AdministrativeMotion for Permission to (1) Distribute Reserve Fund to Claimants, and (2) Pay the Settlement
Administrator’s Invoices, the supporting materials and other papers on file in this action, and the
statements of counsel and the parties, and finding good cause appearing, hereby GRANTS the
Motion as follows:
1.
The Court authorizes the Settlement Administrator to distribute the funds remaining
in the $10,000,000 reserve fund, net of disbursements and including accrued interest, pro rata to
the claimants from which it was withheld, except that the Settlement Administrator may hold back
the interest accrued in 2024 plus $105,000 to pay taxes and accounting fees.
2.
Interest accrued or to be accrued in the future on the Qualified Settlement Fund
may be applied to pay future taxes, accounting fees, and any other expenses.
3.
The Court finds the $509,822.06 in fees and expenses incurred by the Settlement
Administrator for work performed from June 2022 through July 2023 to distribute the settlement
funds to claimants are reasonable and hereby authorizes IPP Lead Counsel to pay that amount to
the Settlement Administrator from the Administration Fund set aside for such fees and expenses.
IT IS SO ORDERED.
great news
Has this paid yet?