Wisconsin Consumers of LCD Electronic Devices Urged to Cash Checks for LCD Antitrust Settlement

Jan 21 2015
Wisconsin Consumers of LCD Electronic Devices Urged to Cash Checks for LCD Antitrust Settlement
 

MADISON — Wisconsin consumers who filed valid claims in connection with the purchase of LCD laptops, monitors and TVs should make sure to cash their checks.  The claims administrator for the LCD antitrust case says that roughly a half-million dollars worth of checks to Wisconsin consumers and businesses remain uncashed. 

  

For every computer monitor or laptop claimed, the claimant will receive $43.49, and $86.98 for each LCD TV.  For example, a Wisconsin consumer who claimed one laptop, one desktop monitor and two televisions would receive a check for $260.94.  Wisconsin consumers, businesses and public entities will receive a total of more than $27 million dollars from the settlement.  The state of Wisconsin also has received $1.5 million in civil penalties, which already has been paid.

 

Consumers who believe that they should have received checks but have not, should contact  or call the toll-free hotline at 855-225-1886. Wisconsinites may also contact the Attorney General’s office at (608) 266-1221.

 
The Wisconsin Attorney General’s office, along with seven other attorneys general and private purchaser lawyers, announced this $1.1 billion multistate settlement with manufacturers of TFT-LCD panels in 2012. The settlement came after extensive antitrust litigation arising from industry-wide state and federal investigations into an alleged conspiracy among thin film transistor liquid-crystal display (TFT-LCD) panel manufacturers to prevent competition and increase prices for TFT-LCD Panels.