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Consumers could get money back from LCD class-action settlement


MADISON (WSAU)  Wisconsinites who bought L-C-D flat screens from retailers a number of years ago could get $25 to $200 or more as part of a class action lawsuit settlement. The Badger State and 23 others are sharing $1.1-billion from a lawsuit which claimed that nine top electronics manufacturers overcharged consumers in a price-fixing scheme.

Those who bought T-V’s, computer screens, and laptops from retailers between 1999-and-2006 have until December 6th to file claims. State Attorney General J-B Van Hollen said the amount of cash available for consumers is significant – and he’s urging those eligible to file claims. He said it will let people recover a major portion of what was quote, “illegally taken from them.” And Van Hollen said it’s a warning to others that those who engage in illegal price-fixing will “not gain from their wrongdoing.”

Eligible consumers and businesses can get reimbursed by answering a few questions about the numbers of L-C-D items they bought. No receipts are needed.

More information is available online at LCDclass.com.