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LCD TV, Laptop, Computer Monitor Class Action Settlement Print Email
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Tuesday, 14 August 2012 03:00
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LCD TV, Laptop, Computer Monitor Class Action Settlement

By Mike Holter

 

LCD settlementDetails 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.

 

 

 

Updated August 14th, 2012

 

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Last Updated on Thursday, 27 December 2012 11:09

Comments   

 
#13 no hope 2013-04-17 14:30
Well, I emailed and asked, they still are saying this "Payments will be distributed after the Court grants final approval to the new Settlements and after any appeals are resolved. If the Court approves the New Settlements after a hearing on November 29, 2012, there may be appeals. We don’t know how much time it could take to resolve any appeals that may be filed. There has not yet been a ruling on this hearing.



We are currently processing claims that have been/are being received. If we need any further information to process your claim we will contact you via mail.


The website will be updated as we receive further information. This is the most current, accurate information that we have at this time." and I checked Pacer, there is no ruling on the November 29, 2012 hearing posted yet either, in fact no documents show filed since 10/12/12, no appeals showing filed either though so until the Judge gets to work and makes a ruling, no one gets a flipping dime....
 
 
#12 Greg 2 2013-03-04 19:15
Good article in Star Tribune in Minn. about the claim, did you know in the "Plan of Distribution" it says quote.." Although the $25 minimum is a reasonable estimate, the actual amount cannot be determined until all claims have been processed. A maximum payment amount of three times a claimant’s estimated money damages also will apply.", it is on the site.
 
 
#11 anita 2013-01-22 11:12
when will they send the checks out
 
 
#10 Don Walls 2012-11-24 13:18
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.
 
 
#9 Laura 2012-10-25 14:57
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.
 
 
#8 Jack 2012-09-15 02:03
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.
 
 
#7 Cynthia 2012-08-29 00:25
Is there anything that a person living in one of the states not included can do?
 
 
#6 jennell carr 2012-08-26 22:05
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.
 
 
#5 Greg 2012-08-21 19:16
Stop telling everyone about the settlement u idiots. They are getting so many claims we'll be lucky to get $2.
 
 
#4 Bob 2012-08-21 08:43
I would like to know why residents of Colorado are excluded? Just explain why. Thank you, Bob
 
 
#3 Robin 2012-08-20 20:51
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. :)
 
 
#2 Mike 2012-08-20 20:17
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.
 
 
#1 Brian 2012-08-15 19:58
Won 1.1 billion......an d people will get 25.00.....damn somebody is getting paid.....but not the consumers
 

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