TORONTO, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Siskinds LLP, Camp Fiorante Matthews Mogerman (CFM) and Siskinds Desmeules s.e.n.c.r.l. announced today court approval of a protocol for the distribution of settlement funds in the Canadian CRT price-fixing class action. The class action, which was commenced in 2008, alleges price-fixing in the market for cathode ray tubes (CRT), an older technology that was used in televisions and computer monitors.
Settlements totalling $49.8 million have been reached with seven defendant groups. The settled defendants do not admit any wrongdoing or liability. The Ontario, British Columbia and Québec courts approved the settlements and a protocol for distribution of settlement funds.
“We are proud of the recovery obtained on behalf of class members,” said Linda Visser of Siskinds LLP in London. “The court-approved protocol we are announcing today will allow eligible Canadians to recover money they should have never been charged in the first place.”
Anyone who purchased CRT televisions and monitors (regardless of the manufacturer or brand) in Canada between March 1995 and November 2007 is eligible to claim settlement benefits. Individuals can claim for a maximum of two undocumented purchases. It is expected that all valid claims will receive a minimum payment of $20. Claims can be filed online at www.crtclassactioncanada.ca on or before March 1, 2019. More information about the settlements, the distribution of settlement funds and the claims process can be found online at www.crtclassactioncanada.ca or by calling the claims administrator at 1-866-537-7270.
About Class Counsel
Siskinds LLP is a full-service law firm with offices in Toronto and London. Siskinds Desmeules s.e.n.c.r.l. is an affiliate of Siskinds LLP and has an office in Quebec City. Siskinds LLP is Canada’s leading class action law firm.
Learn more about Siskinds LLP at www.siskinds.com.
CFM is a boutique law firm based in Vancouver specializing in class actions, aviation accident litigation and product liability litigation, on behalf of plaintiffs.
Learn more about CFM at www.cfmlawyers.ca.
Press Contacts:
Ontario:
Linda J. Visser
Siskinds LLP
680 Waterloo Street
London, ON N6A 3V8
Tel: (519) 660-7700
Email: crtclassaction@siskinds.com
British Columbia:
David G.A. Jones
Camp Fiorante Matthews Mogerman
#400 - 856 Homer Street
Vancouver, BC V6B 2W5
Tel: 1-800-689-2322
Email: djones@cfmlawyers.ca
Québec:
Caroline Perrault
Siskinds Desmeules s.e.n.c.r.l.
43, Rue de Buade, Bureau 320
Québec City, QC G1R 4A2
Tel: 418-694-2009
Email: recours@siskindsdesmeules.com