Welcome to the Information Website for the Cathode Ray Tube (CRT) Antitrust Litigation
(All Indirect Purchaser Actions: 07-cv-05944-SC, MDL No. 1917, USDC, N.D. Cal.)
CLICK HERE to see the Detailed Notice, the Settlement Agreement with LG Electronics, Inc. and other important case documents.
Overview of the Certified Class
On September 19, 2013, the US District Court for the Northern District of California certified plaintiff classes in 21 states and the District of Columbia, of individuals and businesses that indirectly purchased any CRT Product from the Defendant Companies or any co-conspirator (collectively “Defendants”), for their own use and not for resale, from March 1, 1995 through November 25, 2007 (the “Litigated Class”). “Indirect” means that you did not buy the CRT Product directly from any of the Defendants.
The lawsuit claims that numerous Defendants conspired to fix, raise, maintain or stabilize prices of CRT Products resulting in overcharges to consumers who bought CRT Products such as televisions and computer monitors. The Defendants deny that they did anything wrong. The Court has not decided who is right.
Overview of the Class Settlement with LG Electronics, Inc.
A Settlement has been reached with LG Electronics, Inc.; LG Electronics USA, Inc.; and LG Electronics Taiwan Taipei Co., Ltd. (“LG”). On December 9, 2013, the Court preliminarily approved the LG Settlement and certified a nationwide (excluding Illinois, Oregon and Washington, which are bringing their own separate cases) settlement class of individuals and businesses that indirectly purchased any CRT Product from the Defendants, for their own use and not for resale, from March 1, 1995 through November 25, 2007 (the “Settlement Class”). The litigation is continuing against the remaining Defendants.
The Settlement provides for the payment by LG of $25 million in cash, plus interest, to the Settlement Class. It also provides that LG will furnish information about the case, including other Defendants’ involvement in the alleged conspiracy, to Class Counsel. Money will not be distributed to Settlement Class members yet. See the Detailed Notice for further information on the Settlement.
Class Member Options
|Do Nothing||You will remain a member of the Litigated Class and the Settlement Class.|
|Exclude Yourself||The deadline to exclude yourself (opt out) from the Litigated Class or the Settlement Class is March 20, 2014.|
|Object or Comment on the Settlement||The deadline to file objections or comments to the Settlement is March 20, 2014.|
Consult the Detailed Notice for further information on Class Member Options.
The Court will hold a Fairness Hearing at 10:00 a. m. on April 18, 2014, at 450 Golden Gate Ave., 17th Floor, Courtroom One, San Francisco, CA 94102. The hearing may be moved to a different date or time without additional notice, so it is a good idea to continue to check this website for updated information.
For more details, call toll free 1-800-649-8153 or write to:
CRT Indirect Settlement
c/o The Notice Company
P.O. Box 778
Hingham, MA 02043