Sarah Mirando  |  February 28, 2012

Category: Closed Class Actions

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 LCD Panel Class Action Settlement Notice

Award (how much your claim may be worth): You can receive a cash payment, the amount of which will be determined at a later date.

Class Action Lawsuit Settlement Case(s):  In Re: TFT-LCD (Flat Panel) Antitrust Litigation, MDL No. 1827, U.S. District Court, Northern District of California, San Francisco Division,

Company(ies): CHIMEI INNOLUX CORPORATION, CHI MEI CORPORATION, CHI MEI OPTOELECTRONICS CORPORATION, CMO JAPAN CO., LTD., CHI MEI OPTOELECTRONICS USA, INC.; NEXGEN MEDIATECH, INC., AND NEXGEN MEDIATECH USA, INC. (“CHI MEI”); HANNSTAR DISPLAY CORPORATION; HITACHI, LTD., HITACHI DISPLAYS, LTD., AND HITACHI ELECTRONIC DEVICES (USA), INC. (“HITACHI DISPLAYS, LTD.”); LG DISPLAY CO. LTD. AND LG DISPLAY AMERICA, INC. (“LG DISPLAY CO. LTD.”); MITSUI & CO. (TAIWAN), LTD.; SAMSUNG ELECTRONICS CO., LTD., SAMSUNG ELECTRONICS AMERICA, INC., AND SAMSUNG SEMICONDUCTOR, INC. (“SAMSUNG ELECTRONICS CO., LTD.”); SANYO CONSUMER ELECTRONICS CO., LTD.; SHARP CORPORATION; CHUNGHWA PICTURE TUBES, LTD.; EPSON ELECTRONICS AMERICA, INC.; EPSON IMAGING DEVICES CORPORATION (“EPSON”)

Website of the Class Action Lawsuit Settlement Administrator (UPDATE YOUR INFORMATION HERE): www.TFTLCDclassaction.com

Address to submit a claim form (REQUIRED):

To receive your cash payment from the LCD Direct Purchaser class action lawsuit settlement, you must submit a claim form to the following address postmarked no later than April 5, 2012:
LCD Class Action
c/o Rust Consulting
P.O. Box 24659
West Palm Beach, FL 33416
You can also email the claim form to: info@TFTLCDClassAction.com

Phone Number to call for assistance: (877) 888-3757

Details: Samsung, Sharp, LG and five other manufacturers of LCD flat-panel screens have reached the largest antitrust class action settlement in history, agreeing to pay consumers more than $405 million to resolve allegations they conspired to fix the price of LCD panels in televisions, laptop computers and monitors.

The LCD class action settlement will resolve numerous class action lawsuits alleging LCD manufacturers created an international cartel designed to illegally inflate prices and stifle competition in LCD panels between 1996 and 2006, costing U.S. consumers billions of dollars.

The settling companies include Samsung Electronics, Sharp, Chimei Innolux, Chunghwa Picture Tubes, Epson Imaging Devices, HannStar Display, Hitachi Displays and LG Displays.

In addition to paying a collective $405 million to settle consumer and state regulatory claims, the settling companies agreed to help prosecute other defendants that have not yet settled. Toshiba and AU Optronics still face class action lawsuit litigation in San Francisco Superior Court and in Florida.

The LCD class action lawsuit settlement covers all consumers who made a direct purchase of a Thin Film Transistor-Liquid Crystal Display (TFT-LCD) product in the United States between January 1, 1996 and December 31, 2006 from any of the named Defendants listed above, or one of their subsidiaries or affiliates. A complete list of the Defendants and their alleged co-conspirators can be found at www.TFTLCDClassAction.com.

A TFT-LCD product is any display technology used in flat-panel televisions as a well as in computer monitors, notebook computers, mobile phones, personal digital assistants, and other devices.

The amount of money you can receive from the flat-panel LCD class action settlement cannot be determined at this time, but you must file a claim by April 5, 2012 to ensure you receive a share of the class action settlement fund.

Claim forms can be filled out online at www.TFTLCDClassAction.com.

If the Plaintiffs obtain additional money as a result of a future settlement with the Non-Settling Defendants or trial verdict, a further notice will be provided. To ensure that you receive all future notices, please register at www.TFTLCDClassAction.com. Important information about the case will also be posted on this website.

For more information on your individual rights in the LCD Direct Purchaser Class Action Lawsuit Settlement, go to www.TFTLCDClassAction.com.

 

Manufactured Between: January 1, 1999 through December 31, 2006

Claims must be postmarked by: 4/5/12

MORE DETAILS BELOW!

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Settlement Administrator(s): Rust Consulting, Inc.

Class Counsel:

 

Bruce L. Simon
Pearson, Simon, Warshaw & Penny, LLP
Richard M. Heimann
Lieff Cabraser Heimann & Bernstein, LLP

Defense Counsel:

For Chi Mei:
Davis Polk & Wardell LLP
For Chunghwa:
Gibson Dunn & Crutcher LLP
For Epson:
Morrison & Foerster LLP
For Mitsui & Co.:
Baker Hostetler
For HannStar Display Corp.:
K&L Gates LLP
For Samsung Electronics Co., Ltd.:
Covington & Burling LLP
For Hitachi, Ltd.:
Morgan, Lewis & Bockius LLP
 
For Sanyo Consumer Electronics Co.:
Davis Wright Tremaine LLP
For LG Display Co., Ltd.:
Cleary Gottlieb Steen & Hamilton LLP
For Sharp Corp.:
Bingham McCutchen LLP

UPDATE: The Settlement Administrator posted the following update to the Settlement Website: All of the settlements have been finally approved by the Court. First distribution checks were mailed to eligible Class Members on July 23, 2013. In addition, the Court approved a second and final distribution of the Settlement Fund for the LCD Direct Settlements and checks were mailed to eligible Class Members on February 14, 2014.

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31 thoughts onLCD Flat Panel Direct Purchaser Class Action Lawsuit Settlement

  1. Valiant Green says:

    Yes I was disbursed a check for 700.00 but didn’t receive it do to moving. And the check was never cashed at the time I’m looking for help to receive monies owed

    1. Top Class Actions says:

      The settlement website is no longer active. You’ll need to try contacting class counsel. Counsel is listed in this article and can be Googled for contact information Good luck.

  2. Top Class Actions says:

    UPDATE: The Settlement Administrator posted the following update to the Settlement Website: All of the settlements have been finally approved by the Court. First distribution checks were mailed to eligible Class Members on July 23, 2013. In addition, the Court approved a second and final distribution of the Settlement Fund for the LCD Direct Settlements and checks were mailed to eligible Class Members on February 14, 2014. More info: tftlcdclassaction.com

  3. Cindy DeRoss says:

    Got email stating that claims are delayed until appeals are resolved and at this point, the distribution is unknown but could be years.

    1. mary says:

      LCD Indirect Purchaser Class Action Settlement‏ , Got a email say expect checks second week in August.

  4. Cindy deross says:

    Nothing yet in Az…..

  5. mr.b says:

    has anyone got a check from the second disbursment for the direct purchaser’s settlement i heard that check’s were mailed out on feb.14

  6. mr.b says:

    has anyone got a check from the second disbursment for the direct purchasers settlement i heaed that check

  7. MC says:

    What happened to the indirect purchaser suit? Before the change to this website…it was all right there. Now it just seems to have disappeared. Not liking the new webpage. It is a lot harder to find closed suit information without having to go through page after page. They used to be listed in order of closing dates.

  8. deb ingram says:

    I am a indirect claiment and want to know when checks will vbe ditributed,Thank You

  9. Angel in CALIFORNIA says:

    ANY UPDATES.

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