Learn more about the Optical Disc Drives Price Fixing Class Action.
Did you purchase an Optical Disc Drive (ODD) or ODD Product in Canada between 2004 – 2010? You could be entitled to a share of $29.7M!
The Class Action
Optical Disc Drives (ODDs) are any device which reads and/or writes data from and to an optical disc. ODD Products are desktop computers, mobile/laptop computers, video game consoles, CD players/records, DVD players/recorders and Blu-Ray disc players/recorders.
The Class Action alleges that several ODD manufacturers conspired to fix prices for ODDs, resulting in higher prices for these types of products in Canada.
Settlements totaling $29.7 million were reached with the defendants as a compromise of disputed claims, not an admission of liability. The funds (plus interest, less approved fees and expenses) are available for distribution to eligible claimants.
Who Can File A Claim?
Anyone in Canada who purchased an ODD or ODD Device between January 1, 2004 – January 1, 2010, is eligible to file a claim. You can claim with respect to all ODD and ODD Devices purchased, regardless of the manufacturer or brand.
How Much Will I Get?
All eligible claimants will receive a minimum of $20 in retribution and do not require proof of purchase. If you wish to be eligible to receive more than $20, proof of purchase is required. However, even if you provide proof of purchase, if you purchased a small volume of ODDs and/or ODD Products you may not receive more than $20. This will depend on the number and size of claims filed by all class members.
The $20 valuation target is not an estimate of any damages suffered. It is a minimum administrative threshold designed to maintain a feasible economic and administrative platform for the settlement distribution.
About Your Payment
Payments will be issued by e-transfer or cheque. If you elect to receive your payment by cheque, $2 will be deducted from your settlement payment to reflect the cost of issuing a cheque.
Payment to Settlement Class Members with approved undocumented claims for the minimum $20 payment is expected to occur 2-3 months after the claim deadline. Payments to Settlement Class Members with approved documented claims will be made as soon as practicable after the claims evaluations and any appeals are completed. This process will likely take 6-12 months, but could be longer depending on appeals.
You have until November 14, 2022 to submit your claim.