The late 1990’s and early 2000’s were a technological boom. Many households were stepping up to purchase new televisions and computers.
The majority of these televisions and monitors were CRT (cathode ray tub).
Over the last few years, we’ve stumbled across a handful of Class Action Lawsuits that revolve around Price-Fixing. Price-Fixing is when the industry leaders in the same niche collude with one another to sell their products at similar prices to reduce competition and ensure that YOU are paying top dollar. Obviously, this isn’t ok.
That being said, there is another new Canadian Class-Action Lawsuit Settlement that may involve you! A number of class action lawsuits were started across Canada alleging that the defendants (Panasonic, LG, Philips, Toshiba, Samsung & more) conspired to fix prices in the market for CRT Televisions & Monitors.
You can get money from the settlements if you bought any of the following products in Canada between March 1995 and November 2007:
- CRT Televisions
- CRT Computer Monitors
It does not matter what company manufactured the CRT products, you can file a claim if you purchased any CRT products in the time frame.
It is anticipated that ALL CLAIMS will receive a minimum payment of $20.
Recognizing that not everyone will have retained proof of purchase, you can file claims for purchases that are not supported by documentary proof of purchase. You can claim up to two undocumented CRT, CRT Television and/or CRT Monitor purchases using the SIMPLIFIED CLAIM.
If you have purchased more than 2 products during this time, you may file a STANDARD CLAIM for as many as you have purchased. But be aware, your claim may be selected for an audit and proof of purchase WILL be required.
Members of a family residing at the same address must pool their purchases together and file a single claim form.
Payments will be issued by E-Transfer.
You have until March 1, 2019 to submit a claim
Payment typically occurs 6 to 12 months after the claims deadline.