Did your business purchase a cathode ray tube (CRT) product from a retail store or someone other than the manufacturer of the CRT product between March 1995 through November 2007? If so, your business may be eligible for a new $33 million settlement with a June 13, 2023 deadline.
Case Background
A new $33 million settlement has been created for a class of CRT indirect purchasers. Both businesses and individual consumers who bought CRTs associated with certain-sized computers and televisions can benefit from this settlement resulting from the years-long Cathode Ray Tube (CRT) Antitrust Litigation that accused CRT manufacturers of manipulating the prices of CRTs from 1995 through 2007.
Mitsubishi Electric Corp. is the latest party to settle, bringing the total recovery for indirect purchasers to over $580 million. One defendant remains in this litigation, creating the possibility of a future settlement.
Settlement Details
Who Is Eligible?
Previously filed claimants will automatically have their claims refiled into this new settlement. For businesses, *six additional states have been added to the list of Eligible States from the previous settlements, bringing the eligible state count to 30 States and the District of Columbia.
Eligible Consumers: All persons or entities (individual or business) that indirectly purchased CRT products for their own use and not for resale, in an eligible state, during the class period (March 1995 through November 2007).
Eligible States: Arizona, *Arkansas, California, District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, *Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, *New Hampshire, New Mexico, New York, North Carolina, North Dakota, *Oregon, *South Carolina, South Dakota, Tennessee, *Utah, Vermont, West Virginia, and Wisconsin.
What CRT Products are included?
Standard CRT Televisions (screen size less than 30 inches)
Large CRT Television (screen size 30 inches or larger)
CRT Computer Monitor
MCAG's Service
What do I need to do for MCAG to file a claim on my organization’s behalf?
If MCAG filed a claim on your behalf into the original settlement, no action is needed. If you registered with MCAG since 2015, MCAG can help to build an optimal claim with readily available information.
What are CRTs?
While CRTs are no longer the dominant component in display technology, having been replaced by flat-panel display technologies including LCD, a few decades ago CRTs were placed in essentially all computer monitors and TVs.
Need more information? Call MCAG at 1-800-355-0466 to learn more or CLICK HERE to complete our contact form and an MCAG representative will respond shortly.
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