Optical Disk Drive Indirect Purchaser Class Action Settlement [Deadline Oct. 30, 2017]



  • A group of electronics companies have agreed to pay a total of $180 million to settle a class action lawsuit that accused them of engaging in a conspiracy to fix the prices of optical disk drives. These settlements affect indirect purchasers of optical disk drives.

    Optical disk drives are devices that allow data to be read from and/or written to optical disks, such as DVDs, CDs and other computer software storage. Optical disk drives are included in a variety of consumer electronic devices, including desktop and laptop computers.
    This optical disk drive antitrust class action lawsuit includes a number of consolidated cases that were filed against electronic companies after the U.S. Department of Justice announced in 2009 that it was conducting a criminal investigation into the optical disk drive industry. The optical disk drive class action lawsuits were consolidated in 2010.

    On July 21, 2016, a California federal judge approved $124.5 million worth of settlements in the case with Sony, Hitachi-LG Data Storage, Panasonic Corp., and NEC Corp. In March 2017, PLDS, Pioneer and TEAC agreed to pay an additional $55.5 million to resolve the price-fixing claims against them, bringing the total settlement to $180 million.
    Consumers covered by the optical disk drive settlements include consumers in 23 states and the District of Columbia who bought optical disk drives from April 2003 to December 2008.

    Several named defendants remain in this class action lawsuit including: BenQ Corporation, BenQ America Corp., Samsung Electronics Co., Ltd., Toshiba Corp., Toshiba Samsung Storage Technology Corp., Toshiba Samsung Storage Technology Corp. Korea, and Quanta Storage Inc. A trial date of Feb. 12, 2018 has been set for these remaining electronics companies.

    Class Members of the indirect purchaser optical disk drive settlement include any one who was a resident of 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, or Wisconsin and who, between April 1, 2003 and Dec. 31, 2008, purchased (for their own use and not for resale) one or more of the following products manufactured by one or more of the defendants or their alleged coconspirators:

    • A computer with an internal optical disk drive;

    • A stand-alone optical disk drive designed for internal use in computers;

    or

    • An optical disk drive designed to be attached externally to a computer.

    NOTE: Purchases of Panasonic-brand computers are not covered by this class action settlement.

    Potential Award - $10 per drive (estimated).

    The settlement fund will be distributed among Class Members on a pro rata basis. The actual amount each consumer receives will be based on how many ODDs purchased by the Class Member during the Class period and the total number of claims filed. The Claim Administrator estimates this will amount to $10 per drive, but the actual payout could be more or less depending on these factors.

    Class Members must file a Claim Form no later than Oct. 30, 2017 as well as provide the total number of products containing an ODD purchased between Apr. 1, 2003 through Dec. 31, 2008.


  • Global Moderator

    Thanks OP.
    I have tons of drives.



  • Sadly I’m in one of the excluded states, but hopefully others can benefit!


  • Global Moderator

    Just tried to submit, but submission deadline was October 31st. Claims after that date may not be honored.



  • @moonknight said in Optical Disk Drive Indirect Purchaser Class Action Settlement:

    Just tried to submit, but submission deadline was October 31st. Claims after that date may not be honored.

    Info was in the OP: Class Members must file a Claim Form no later than Oct. 30, 2017 as well as provide the total number of products containing an ODD purchased between Apr. 1, 2003 through Dec. 31, 2008.


  • Global Moderator

    I put the deadline in the title to let folks know they can’t file any new claims.



  • UPDATE: On November 27, 2017, an appeal to the Optical Disk Drive Antitrust Class Action Settlement was filed. Claims will not be paid until all appeals are exhausted. We appreciate your ongoing patience. Top Class Actions will continue to provide updates as we learn more.



  • Thanks for the update CC!


 

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