Optical Disk Drive Indirect Purchaser Settlement
In re Optical Disk Drive Products Antitrust Litigation - Case No. 3:10-MD-2143-RS (MDL 2143)
PLEASE NOTE: THE FILING DEADLINE TO SUBMIT A CLAIM TO THIS SETTLEMENT HAS PASSED. MCAG WILL SUBMIT LATE CLAIMS FOR A BRIEF PERIOD FOLLOWING THE DEADLINE FOR NEWLY ENROLLED AND ELIGIBLE CLIENTS, BUT CANNOT GUARANTEE THAT THEY WILL BE ACCEPTED BY THE SETTLEMENT ADMINISTRATOR. MCAG WILL UPDATE CLIENTS ACCORDINGLY ONCE INFORMATION IS AVAILABLE ON DISTRIBUTIONS FROM THIS SETTLEMENT.
Settlement Fund: $205 million Settlement Period: April 1, 2003 – December 31, 2008 Claim Filing Deadline: June 28, 2019
The Optical Disk Drive (ODD) Settlement is a result of complaints alleging that the Defendants participated in an unlawful conspiracy to fix, raise, maintain, or stabilize prices of ODDs, at artificially high levels in violation of section 1 of the Sherman Act and various state laws.
Additional Defendants may settle. If they do settle, the total fund is expected to grow and exceed $205 million.
Eligible entities include those in the locations listed below who purchased applicable products new for their own use and not for resale between April 1, 2003 and December 31, 2008:
Arizona, California, District of Columbia, Florida, Hawaii, Kansas, Maine, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, Oregon, Tennessee, Utah, Vermont, West Virginia and Wisconsin.
ODDs, include, but are not limited to, CD-ROMs, DVD-ROMs, and COMBO drives. Product purchases eligible for the settlement include:
Computer (desktop or laptop) with an internal ODD
Stand-alone ODD designed for internal use in computers
ODD designed to be attached externally to a computer
Please note, Panasonic-branded computers are not eligible.
Recovery amounts from the settlement will be based on: (1) the number of ODDs purchased by the class member; and (2) the total number of valid claims filed. The current estimated settlement amount according to the official settlement documentation is approximately $10/drive, which could increase or decrease depending on the total number of valid claims filed by the entire class.
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