Advertisements

State Attorney General Brad Schimel is urging residents to cash their LCD settlement checks before they expire next month.

Approximately $500,000 in settlement funds remain uncashed from a 2012 LCD anti-trust lawsuit, Schimel’s office said. The checks were issued in November 2014 and are only good for 90 days, which means they expire in February.

Here is the notice from Schimel’s office:

Wisconsin consumers who filed valid claims in connection with the purchase of LCD laptops, monitors and TVs should make sure to cash their checks.  The claims administrator for the LCD antitrust case says that roughly a half-million dollars worth of checks to Wisconsin consumers and businesses remain uncashed.

For every computer monitor or laptop claimed, the claimant will receive $43.49, and $86.98 for each LCD TV.  For example, a Wisconsin consumer who claimed one laptop, one desktop monitor and two televisions would receive a check for $260.94.  Wisconsin consumers, businesses and public entities will receive a total of more than $27 million dollars from the settlement.

The state of Wisconsin also has received $1.5 million in civil penalties, which already has been paid.

Consumers who believe that they should have received checks but have not, should contact nfo@lcdclass.com or call the toll-free hotline at 855-225-1886. Wisconsinites may also contact the Attorney General’s office at (608) 266-1221.

The Wisconsin Attorney General’s office, along with seven other attorneys general and private purchaser lawyers, announced this $1.1 billion multistate settlement with manufacturers of TFT-LCD panels in 2012. The settlement came after extensive antitrust litigation arising from industry-wide state and federal investigations into an alleged conspiracy among thin film transistor liquid-crystal display (TFT-LCD) panel manufacturers to prevent competition and increase prices for TFT-LCD Panels.

Love what we do?

In addition to our education features, we’ll be kicking off a series of stories highlighting how parents, students, and educators are adapting to the impact of COVID-19 on education. If this is important to you, please consider donating to our education reporting fund. https://business.facebook.com/donate/1846323118855149/3262802717172659/