(WMC-TV) – If you have an LCD TV or computer monitor, you may be entitled to hundreds of dollars as part of a billion dollar settlement.
Mississippi Attorney General Jim Hood announced Wednesday that consumers and businesses are entitled to a cash refund as part of settlements with 10 manufacturers over an illegal conspiracy to raise the price of LCD flat panels.
LCD screens are used in televisions, monitors, and laptop computers.
"Mississippi consumers and businesses are eligible to receive compensation as a result of this settlement," said Attorney General Jim Hood. "We encourage you to file your claim online before the December 6th deadline."
Eligible consumers could collect $25, $100, $200 or more depending upon the number of televisions, monitors, and laptop computers purchased. Businesses with large purchases could recoup thousands of dollars.
"I think it's fantastic! I think the way the economy is now, every little bit helps. People can use whatever they can get," said Glennie Bernard, a consumer.
The claims process is very simple. It only consists of a few questions about the number of LCD flat screen TVs, monitors, and laptops that were purchased from 1999 to 2006.
The deadline to file claims is December 6, 2012. And the easiest way to file a claim is to use the online claim form at www.LCDclass.com.
"My only problem is this. When the lawyers bring lawsuits like that they get the bulk of the money and the little guys don't see a whole lot of money. That's my concern," said consumer Makeda Glover.
The settling defendants that manufactured the flat panels for use in LCD flat screen TVs, monitors, and laptops are: AU Optronics Corporation, Hitachi Ltd., Sharp Corporation, Toshiba Corporation, Samsung Electronics Corporation, Epson Imaging Devices Corporation, LG Electronics, Chunghwa Picture Tubes, HannStar Display Corporation, and Chi Mei Optoelectronics.
Consumers and businesses are eligible for payments if they were residents of Mississippi or one of the other 23 settling states or the District of Columbia at the time of purchase. The other states included are: Arizona, Arkansas, California, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Dakota, Tennessee, Vermont, West Virginia and Wisconsin.
In a separate lawsuit, the Mississippi Attorney General is pursuing additional claims, including statutory civil penalties against the same defendants.