LCD TV Owners Award in Class Action Suit - AVS Forum
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post #1 of 12 Old 10-19-2012, 07:55 AM - Thread Starter
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Those who purchased an LCD TV between 1999-2006 and from one of 10 electronics manufacturers may be eligible for a money settlement.

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he law firms of Zelle Hofmann Voelbel & Mason and the Alioto Law Firm said that as a result of settlements with 10 electronics manufacturers for lawsuits involving an illegal conspiracy to raise prices on LCD panels used in televisions, monitors, and laptop computers, approximately $1.1 billion in class action cash is to be divvied up among the injured parties.

Eligible consumers will be able to collect $25, $100, $200 or more by answering a few questions about the number of LCD flat screen TVs, monitors and laptops they bought between in the time period.

The amounts being paid out will depend on how many TVs you purchased and claims filed. But hurry up, you only have until Dec. 6, 2012 to file a claim (http://www.lcdclass.com).
Quote:
Cash is available to consumers and businesses in the District of Columbia and the following 24 states: 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 and Wisconsin.

This settlement also broke a record.
Quote:
The law firms said the $1.1 billion settlement is the largest antitrust all-cash class action recovery ever obtained for consumers, who bought the electronic products indirectly from retailers and resellers, and not directly from the original manufacturer of the LCD screens.

So who is going to file a claim?

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post #2 of 12 Old 10-19-2012, 09:19 AM
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I bought a 32 inch LCD during that time frame in Indiana.

I guess I don't get anything.

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post #3 of 12 Old 10-19-2012, 12:51 PM
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The only ones who profit from class action lawsuits are the law firms.
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post #4 of 12 Old 10-19-2012, 01:02 PM
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Quote:
Originally Posted by larrygeary View Post

The only ones who profit from class action lawsuits are the law firms.

This. Pathetic....

Steve
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post #5 of 12 Old 10-19-2012, 02:49 PM
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Thanks for the public notice on this.

Although I've had my own war with Sony during the relevant time frame, they're not one of the listed defendants so I'm not a class member.
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post #6 of 12 Old 10-19-2012, 04:09 PM
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I figured why not, I put in a claim a while ago smile.gif

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post #7 of 12 Old 10-20-2012, 07:58 AM
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Quote:
Originally Posted by JeffreyJonesBSME View Post

I guess I don't get anything.

Same here in Ohio.
Quote:
Originally Posted by larrygeary View Post

The only ones who profit from class action lawsuits are the law firms.

Yep, 1/3 of $1.1 billion plus expenses.
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post #8 of 12 Old 10-20-2012, 08:47 AM
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We've bought several hundred LCD monitors and TV sets during that time, but Utah isn't on the list.
Our Sate AG was too busy trying to bust the College Athletics "mafia'.

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post #9 of 12 Old 10-21-2012, 10:09 PM
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Quote:
Originally Posted by larrygeary View Post

The only ones who profit from class action lawsuits are the law firms.
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Originally Posted by Stevetd View Post

This. Pathetic....

Just not true. I once profited to the tune of $16K and all I had to do was sign a paper that came in the mail.
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post #10 of 12 Old 10-22-2012, 06:29 AM
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Quote:
Originally Posted by bdoug View Post

Same here in Ohio.
Yep, 1/3 of $1.1 billion plus expenses.

What happened to the other 2/3?

Signature.
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post #11 of 12 Old 10-22-2012, 09:28 AM
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I qualify and so does my girlfriend. Shame on Samsung, but at the time of purchase, the economy was healthy and it explains why the prices were high.
Three LCD TV's and it looks like only a few bucks will be returned... worth it?
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post #12 of 12 Old 10-24-2012, 01:02 AM
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Quote:
Originally Posted by TeddyP View Post

So who is going to file a claim?

After the way Samsung treated me and all the dirty things they did in my dealings with them over defective product warranty issues, me, 100% for sure.
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