Settlement checks will be mailed during the third quarter of 2022. The Circuit Court of Cook County has ordered that the settlement funds be distributed. be accessible from Cathode Ray Tube (CRT), Video Display Terminal (VDT). A settlement for cash payments totaling 563 million and an obligation to cooperate with the plaintiffs in prosecuting the remaining defendants was reached by. The matter was on appeal in the 1st District Appellate Court, which has since affirmed the lower court's denial of the claims. would constitute a violation of the Unfair Insurance Claims Settlement Practices. The settlement distribution was delayed by entities that intervened in the lawsuit after the claims administrator denied their claims. In re Cathode Ray Tube (CRT I) Antitrust Litig. Every claimant will recover a minimum of $20. order granting preliminary approval of revised proposed settlements with: (1) Defendants Shinyei. Claimants can expect to recover approximately $14 per CRT television and $42 per CRT monitor. Illinois consumers and businesses submitted approximately 8,000 valid claims for more than 1 million CRT monitors and televisions purchased during the relevant period, the office wrote. The Circuit Court of Cook County approved the distribution of approximately $43 million in settlement payments to those who filed claims before the Jdeadline. "I am committed to continuing to hold accountable companies that conspire to raise prices and force people to overpay for products." regarding In Re: Cathode Ray Tube (CRT) Antitrust Litigation, MDL No. "I am pleased that Illinois consumers and businesses that unfairly paid high prices for television and computer monitors because of illegal price-fixing will now receive the relief they deserve," Illinois AG Kwame Raoul said in a statement. 13, 2023 /PRNewswire/ - The following notice is being issued today by The Notice Company, Inc.
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