Oct. 18 Update: See today’s announcement regarding this settlement.
We want to make sure you do not miss the announcement of the historic settlement of one of our cases that could mean $25, $100, $200 or more in your pocket.
Since 2007, Minami Tamaki partner Jack Lee has served as the Court-appointed Liaison Counsel for consumers, known as “indirect purchasers,” in a class action against ten leading international companies for unlawfully conspiring to fix prices of LCD panels used in laptops, desktop monitors, and flat screen televisions. The case is IN RE TFT-LCD (FLAT PANEL) ANTITRUST LITIGATION, MDL Case No. 1827, pending in the United States District Court for the Northern District of California in San Francisco.
The indirect purchasers we represent include individual and private companies in 24 states and the District of Columbia that purchased laptops, monitors, and TVs containing LCD panels for use (and not for resale) from January 1, 1999, to December 31, 2006.
This litigation has resulted in settlements totaling approximately $1.1 billion, the largest amount ever obtained for consumers who bought products indirectly from retailers and resellers, and not directly from the original manufacturer. The net proceeds of the settlement, after attorneys’ fees and costs, will be distributed to consumers and businesses that submit claim forms.
We believe it is likely that you, like tens of millions of other consumers, may have purchased one or more of the products at issue in this case during the seven year period that the price-fixing occurred. We hope that you will take advantage of the opportunity to recover any unlawful overcharges you paid as a result of this conspiracy.
Consumers and businesses in the District of Columbia and the following 24 states are eligible to participate in this settlement: 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.
Eligibility requirements and instructions on the claims process are available online at the web site: https://lcdclass.com/Home.aspx.The deadline for filing claims is December 6, 2012. Eligible consumers will be able to collect $25, $100, $200 or more by answering a few simple questions about the number of LCD flat screen TVs, monitors, and laptops they bought from 1999 to 2006. The exact amount of each payment will depend upon the number of products purchased and the number of claims filed. No receipts or other documents are required for small claims.
We believe that the eligibility requirements and claims process described on the web site are clear and simple. However, if you have questions or would like assistance in preparing your claim, we invite you to contact our toll-free LCD help line at 1-855-225-1886 or via e-mail at firstname.lastname@example.org.
While Minami Tamaki LLP is pleased to announce this settlement and to have played a substantial role in this momentous litigation, we will ultimately measure our success by the benefits actually received by consumers eligible to share in the proceeds, including our friends and clients. We are therefore notifying you of this opportunity, urging you to submit your claim, and offering whatever assistance you feel you may need to realize the maximum benefit available to you. We also encourage you to pass this information on to your friends, family members, and colleagues who may be interested in making claims for their share of this settlement.