Class Action You’re Likely to Be a Part Of: LCD Monitors

By Lawrence A. Ajalat

If you bought an LCD television, computer monitor, or notebook computer from a retail store between Jan. 1, 1999 and Dec. 31, 2006 (which most of you did), then you may qualify for partial reimbursement from the proceeds of a settlement reached with ten manufacturers of such panels.

The class action lawsuit alleged that the manufacturers conspired to “fix, raise, maintain, or stabilize the prices of LCD flat panels,” which resulted in overcharges to consumers. Of course, the manufacturers deny any wrongdoing, but have collectively agreed to pay $1.1 billion to settle the lawsuit.

Unlike most class actions that pay the class members only a few cents, the minimum expected payment will be $25 per person or per item, and could be more. To qualify, you must have purchased the LCD item indirectly, i.e., not from the manufacturer. To submit a claim online, go to lcdclass.com. It shouldn’t take you more than a couple of minutes to fill out the form (in fact, you’ll probably spend more time trying to remember how many LCD panels you bought!)

Ajalat and Ajalat, LLP is a full-service law firm located in North Hollywood. Ajalat and Ajalat, LLP has over a century of combined experience in almost every area of law.

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