CANADIAN OPTICAL DISK DRIVE (ODD) ANTITRUST AND CANADIAN CATHODE RAY TUBE (CRT) ANTITRUST SETTLEMENT OPPORTUNITIES

CANADIAN OPTICAL DISK DRIVE (ODD) ANTITRUST SETTLEMENT

What is This Settlement About?

The Optical Disc Drives class action alleges that the defendants unlawfully conspired to fix, increase, and/or maintain the price of Optical Disc Drives sold in North America and elsewhere between January 1, 2000 and December 31, 2010.

Settlements have been reached with the following defendants totaling over $9 million:

  • TEAC Corporation, TEAC America, Inc. and TEAC Canada, Ltd. (“TEAC”);
  • NEC Corporation and NEC Canada, Inc. (“NEC”); and
  • Hitachi-LG Data Storage, Inc. and Hitachi-LG Data Storage Korea, Inc. (“HLDS”). This settlement also releases the defendants, Hitachi, Ltd., Hitachi Canada, Ltd., Hitachi America Ltd., LG Electronics Inc., LG Electronics Canada, Inc., and LG Electronics USA, Inc.

What are ODD products?

ODD refers to a DVD-RW, DVD-ROM, or COMBO drive manufactured by one or more Defendants or their co conspirators.

Who is Eligible for the Settlement?

You are affected by the class action and are a “member” of the class if you are a person in Canada who between January 1, 2000 and December 31, 2010 purchased Optical Disc Drives and/or products containing Optical Disc Drives. Optical Disc Drives are used in consumer products such as desktop computers, mobile/laptop computers, video game consoles, CD players/recorders, DVD players/recorders and Blu-Ray disc players/recorders.

CANADIAN CATHODE RAY TUBE (CRT) ANTITRUST SETTLEMENT

What is This Settlement About?

This lawsuit alleges the Defendants conspired to fix, raise, maintain or stabilize prices of Cathode Ray Tube Products resulting in overcharges to consumers who bought CRT Products such as Television and Computer Monitors.

The alleged defendants and co-conspirators are:  Chunghwa, LG, Phillips, Panasonic, Hitachi, Toshiba, Samsung SI, Thomson, TDA, Mitsubishi, IRICO, Thai CRT, Samtel Color, Orion and Videocon.

The settlement fund is approximately $49,800,000 CDN.  There is no settlement deadline but expected to be in 2018.

What are CRT products?

Cathode Ray Tube (CRT) Products means Cathode Ray Tubes of any type (e.g. color display tubes, color picture tubes, and monochrome display tubes) and finished products, which contain Cathode Ray Tubes, such as Televisions and Computer Monitors.  This technology has largely been replaced by flat-panel, LCD and plasma technology.  Your company is likely eligible if it purchased a CRT Product (TV or Computer Monitor) made by Defendants  anytime between March 1,1995 through November 25, 2007.

Who is Eligible for the Settlement?

You are affected by the class action and are a “member” of the class if if you purchased Cathode Ray Tube (CRT) products indirectly from any of the defendants between March 1, 1995 and November 25, 2007.

TO SIGN UP FOR CLASS ACTION CAPITAL’S CLAIM MANAGEMENT PLEASE COMPLETE THE BELOW AGREEMENT