Www.TFTLCDClassAction.com – TFT LCD Flat Panel Class Action Lawsuit Settlement
You will be able to take part in the LCD Flat Panel Class Action Lawsuit Settlement if you or your company bought the TFT LCD panels or products that contained the panels from January 1, 1999 to December 31, 2006. The products that contain the TFT LCD panesl can be television sets, computer monitors, or evn laptops or notebook computers. You will have to fill out a claim form which you can obtain at the settlement website at Www.TFTLCDClassAction.com. The deadline to submit this is April 5, 2012. So do not miss this deadline if you want to get the compensation. This settlement is also known as the In re TFT-LCD (Flat Panel) Antitrust Litigation. The case number is 3:07-md-1827-SI.
Apparently the LCD Flat Panel Class Action Lawsuit Settlement came about because the LCD manufacturers raised and fixed the prices of these panels and the products that contain these panels for more than 10 years. This meant that you as a consumer of these products were overcharged. If you decide that you wish to take part, you will fall into two settlement classes. The court has approved only the Chunghwa and the Epson cases. So you will be in either the Chunghwa settlement class or the Epson settlement class. You can be in more than one class. You may also be a part of the Indirect Purchaser class. If you are confused about these classes and would like to find out more about them, then you can check out the chart the settlement website at Www.TFTLCDClassAction.com.
The amount of the settlement for the Chunghwa class is $10 million. The amount of the settlement for the Epson class is $7 million. The rest of the defendants who are settling will pay $388,022,242. These will include Chi Mei, HannStar Display Corp, Hitachi Displays, Ltd, LG Display Co. Ltd, Mitsui & Co. (Taiwan) Ltd, Samsung Electronics Co Ltd, Sanyo Consumer Electronics Co Ltd, Sharp Corp. Right now you will not get any money yet because the attorneys are trying to get the other companies to settle.
You will be able to take advantage of the legal counsel appointed by the Court to help you out if you have questions about the settlements that have been approved and the settlements that are still pending approval. You will be able to get information on the Co-Lead Class Counsel at the settlement website. There is also information on the Counsel for the Settling Defendants. Each company or manufacturer has its own counsel. If you decide that you want to use the counsel, you do not have to pay them. So I suggest that you do contact them as their services are provided free to you. I think this is better than hiring your own attorneys as you will have to pay for your attorneys that you hire yourself. The court will not pay for your attorneys fees. I mean for the ones that you hire yourself. So make sure that you use the free service already provided to you.
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