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Optical Disk Drive Antitrust Class Action Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

FURTHER UPDATE: The final hearing date was moved to September 14, 2017. The final date to file a claim is now October 30, 2017

UPDATE: Three additional companies have settled in this case, including (i) Koninklijke Philips N.V., Lite-On IT Corporation, Philips & Lite-On Digital Solutions Corporation, Philips & Lite-On Digital Solutions U.S.A., Inc.; (ii) Pioneer Corporation, Pioneer North America, Inc., Pioneer Electronics (USA) Inc., and Pioneer High Fidelity Taiwan Co., Ltd.; (iii) TEAC America, Inc.; TEAC Corporation. The settlement fund is now higher and the claims deadline has been moved to August 1, 2017.  

The plaintiffs in this lawsuit allege that certain companies engaged in a conspiracy to raise, fix, maintain, or stabilize the price of Optical Disk Drives (ODD) at artificially high levels in violation of federal and state antitrust laws.  These companies include Panasonic Corporation, NEC Corporation, Sony Corporation, and Hitachi-LG Data Storage, Inc.  Products affected include new computers with an ODD, stand-alone ODDs designed for internal use in computers, and ODDs designed to be attached externally.  ODD refers to a DVD-RW, DVD-ROM, or combo drive.

Docket Number:

3:10-md-2143-RS

Company: Panasonic Corporation

Filing Deadline: October 30, 2017

Class Period: April 1, 2003 to December 31, 2008

Objection Deadline: July 14, 2016

Exclusion Deadline: July 14, 2016

Final Approval Hearing: September 14, 2017

Proof of Purchase:

Claimants must provide the total number of products purchased

Eligibility:

Individuals and businesses who purchased a computer with an internal ODD, a stand-alone ODD designed for internal use in a computer, or an ODD designed to be attached externally to a computer for their own use from April 1, 2003 to December 31, 2008 from the following states:

  • 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
  • Wisconsin
Typical Settlement Amount:

Payments will not be made until the District Court gives final approval to the settlement. Because there are still other defendants, the plaintiffs are proposing that distribution of the settlement funds not occur at this time.

Total Settlement Amount: $180,000,000

Class Representative Proposed Incentive Fee:

Law Firm:
Hagens Berman

Claim Form: Submit Your Claim Online

Case Name: In re: Optical Disk Drive Antitrust Litigation

Settlement Website: Optical Disk Drive Antitrust

Claims Administrator:
Sipree

Claims Administrator Contact Information:

In re ODD Products Indirect Purchaser Litigation
P.O. Box 43424
Providence, RI 02940-3424

info@opticaldiskdriveantitrust.com

877-368-9020
 

Tags: Collusion and Price Fixing, Your Stuff