CRT Class Action Lawsuit
Written by Welcome on August 27, 2015
CRT Class Action Lawsuit
A Class action lawsuit settlement has been reached for the defendants, Cathode Ray Tubes (CRTs), a device that was sold by itself or as the main component in TV’s and computer monitors. The now nine Settlements in this litigation involve alleged overcharges on the price of CRT Products purchases indirectly from the defendants. The class action settlement now totals $576.75 million, as the defendants deny the allegations. Individuals and businesses qualify for money from this settlement if they purchased a CRT or product containing a CRT, such as a TV or computer monitor, in the following states for their own use and not resale: in Arizona, California, the District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, South Dakota, Tennessee, Vermont, West Virginia or Wisconsin (the “Statewide Damages Classes”). The purchase must have been made in one of the foregoing states. But you do not have to be a resident of one of these states. The New Settlements also release the injunctive relief claims of consumers of CRT Products nationwide, excluding Illinois, Oregon and Washington.
In order to make a claim, you must have purchased the CRT televisions, monitors or other CRT Products “indirectly,” meaning that you purchased the products from someone other than the defendants manufacturers or alleged co-conspirators. For example, you bought a television containing a CRT from a retailer, such as Best Buy or Costco, or a computer monitor containing a CRT from Dell. The Court previously approved Settlements with two Defendants, Chunghwa and LG, and Settlements have now been reached with seven additional defendants including: Philips, Panasonic, Hitachi, Toshiba, Samsung SDI, Thomson and TDA. Sony Corporation is not a defendant and is not alleged to have participated in the alleged CRT conspiracy. Purchases of Sony® branded CRT Products are not eligible to be included in claims filed under these Settlements. The Court in charge is the United States District Court for the Northern District of California. The combined Settlement Fund of $576,750,000 will be used to pay eligible claimants in the states involved in this litigation. Only members of the Statewide Damages Classes are eligible to receive a payment from the Settlement Fund.
If you are a member of the Statewide Damages Classes and you want to make a claim from the Settlement Fund, you must complete and submit a Claim Form. It’s encouraged that you to submit a claim online at www.CRTclaims.com. If you do not file online, you can also submit a claim by mail. The Claim Form can be found and completed or downloaded at www.CRTclaims.com, or you can obtain a copy by calling the Settlement Administrator toll free at 1-800-649-0963, or by texting “CRTclaims” to 97000. If you choose to submit your claim online, you must do so on or before December 7, 2015. If you choose to submit a Claim Form by mail, it must be postmarked by December 7, 2015, and mailed to:
CRT Claims c/o The Notice Company
P.O. Box 778 Hingham, MA 02043
You have the right to exclude yourself. If you wish to keep your rights to sue Philips, Panasonic, Hitachi, Toshiba, Samsung SDI, Thomson and/or TDA about the claims alleged and settled in this case, you must exclude yourself. However, if you exclude yourself, you will not get any money from these Settlements and you may not submit a Claim Form. If you choose to exclude yourself from the Settlement Class and keep your right to sue the Defendants on your own, you must send a letter that includes your name address and telephone number, a statement saying that you request exclusion from the Settlement Class and do not wish to participate in the settlements In re Cathode Ray Tubes (CRT) Antitrust Litigation, MDL No. 1917, along with your signature. You must mail your exclusion request, postmarked no later than October 8, 2015, to:
CRT Indirect Exclusions c/o The Notice Company
P.O. Box 778 Hingham, MA 02043
If you do not exclude yourself from the Settlement Class, you will have given up your right to sue Philips, Panasonic, Hitachi, Toshiba, Samsung SDI, Thomson and TDA on your own for the claims alleged and settled in this case and will be bound by the settlement and all subsequent proceedings, orders and judgments in the lawsuit. You have the right to Object to the New Settlements by asking the Court to deny approval by filing an objection to the New Settlements. You can’t ask the Court to order a larger settlement; the Court can only approve or deny the Settlements. If the Court denies approval, no settlement payments will be sent out and the lawsuit will continue. If that is what you want to happen, you must object. If you choose to object, your written objection must include: Your name, address, telephone number, and if you are being assisted by a lawyer, their name, address and telephone number; The case name and number (In re Cathode Ray Tube (CRT) Antitrust Litigation, MDL No. 1917); Proof of membership in the class; A brief explanation of your reasons for objecting; and Your signature. The objection must be submitted to the Court either by mailing it to the Class Action Clerk at the address below, or by filing it in person at any location of the United States District Court for the Northern District of California. The objection must be filed with the Court or postmarked on or before October 8, 2015:
Class Action Clerk
United States District Court for the Northern District of California
450 Golden Gate Avenue, 16th Floor San Francisco, CA 94102
The Court will hold a Fairness Hearing to consider the New Settlements at 10:00 a.m. on November 13, 2015, at the United States District Court for the Northern District of California, Courtroom One, 17th Floor, 450 Golden Gate Avenue, San Francisco, CA 94102. At this hearing, the Court will consider whether each of the New Settlements is fair, reasonable, and adequate. It is not mandatory that you attend this hearing. The Court will also consider the plan of distribution, and the requests for attorneys’ fees, litigation expenses and awards to Class Representatives. If there are objections or comments, the Court will consider them at this time. After the hearing, the Court will decide whether to approve each of the seven New Settlements, the plan of distribution and the requests for attorneys’ fees, litigation expenses and awards to Class Representatives. The hearing may be moved to a different date or time without additional notice, so you should check the website www.CRTclaims.com for current information.