$5M Deal Reached Between California and TV Component Makers

April 18, 2016

California Attorney General Kamala Harris has reached a nearly $5 million settlement with electronics manufacturers accused of fixing prices.

Harris’ office announced the deal with LG, Hitachi, Panasonic, Toshiba and Samsung in early April. The companies were accused of fixing prices on Cathode Ray Tubes from 1995 to 2007. The tubes were used on computer monitors and television screens.

Harris’ office said the companies did not acknowledge any wrongdoing as part of the settlement. Californians who purchased at least one television or computer between 1995 and 2007 are eligible to receive at least $25 each. They have until June 30 to file claims at crtclaims.com.

Topics California

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine April 18, 2016
April 18, 2016
Insurance Journal Magazine

Entertainment, Sports & Special Events; Social Services; Premium Finance Directory