header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
April 23
1986 - COC board votes to allow Argentine cliff swallows to nest forever on sides of buildings [story]
swallows


Attorney General Kamala D. Harris announced Wednesday that a preliminary approval of settlements resolving allegations that LG, Hitachi, Panasonic, Toshiba and Samsung, companies all based in Japan or Korea, fixed prices on critical components of televisions and computer monitors from 1995 to 2007.

The critical components, known as Cathode Ray Tubes or CRTs, were used to display images on computer monitors and televisions screens before they were replaced by flat screens. The court has approved the settlement pending valid objections submitted within 60 days.

Kamala Harris

Kamala Harris

The companies’ price fixing scheme caused damage to California consumers and government entities that overpaid for their televisions and computers. The announced settlement has led to legally enforceable judgments against these foreign companies.

“LG, Hitachi, Panasonic, Toshiba and Samsung deliberately targeted the U.S. market to raise prices for televisions and computers worldwide,” said Harris. “These settlements bring justice and relief to California consumers and end the malicious practice of price-fixing by these companies.”

The settlements, which were filed in San Francisco Superior Court, require all five companies to pay a total of $4.95 million to settle claims of overcharges paid by California government entities, general damages suffered by the State’s economy and civil penalties.

The settlements require that the companies pay back the illegally obtained profits to those affected by their actions, engage in company-wide antitrust compliance training and reporting that involves products in addition to CRTs and extends to foreign companies and subsidiaries and requirements to prevent future violations of antitrust law.

California consumers or sole proprietorships that purchased at least one television or computer between 1995 and 2007 can make a claim, with a guaranteed minimum check of $25, according to Harris’ office.

All eligible California consumers and sole proprietorships can file claims for reimbursement at www.crtclaims.com. The new deadline for filing those claims is June 30, 2016.

Further details can also be found at oag.ca.gov/consumers/crt_notice.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


Latest Additions to SCVNews.com
Los Angeles County Fifth District Supervisor Kathryn Barger issued a statement in support of the Los Angeles County Chief Executive Officer’s presentation of a $45.4 billion budget for the forthcoming 2024-25 fiscal year.
Kathryn Barger | Statement in Support of $45.4B County Budget
In a celebration held Tuesday, April 23 at the Port of Barcelona, award-winning actress and performer Hannah Waddingham officially welcomed the newest and most innovative Princess Cruises ship, Sun Princess, serving as godmother during a star-studded naming ceremony.
Hannah Waddingham Officially Christens Sun Princess
Six comprehensive high schools in the William S. Hart Union High School District which includes Canyon, Golden Valley, Hart, Saugus, Valencia and West Ranch have been ranked among the top public high schools in the country by U.S. News & World Report.
Hart District High Schools Recognized Best in Nation
College of the Canyons will offer four summer sessions running from June 3 through Aug. 17, giving students a variety of options in both class format and scheduling designed to help them achieve their educational goals, from launching a new career to transferring to a four-year university.
COC Offers Four Summer Sessions for Flexible Learning Options
California State Sen. Scott Wilk, R-Santa Clarita, announced his measure to combat illegal dumping, by increasing penalties and closing a loophole which has enabled the problem for years, was approved in the Senate Public Safety Committee.
Wilk’s Illegal Dumping Bill Approved by Committee
Super Jazz at the Ranch, a daylong jazz festival hosted by West Ranch High School, is happening Saturday, May 18. Music will fill the air as performers from throughout the region showcase their talents.
May 18: Super Jazz Festival at West Ranch High School
California State Assemblywoman Pilar Schiavo, D-Chatsworth, has presented The Healthy Homework Act (AB 2999) to the Assembly Education Committee.
Schiavo Presents Healthy Homework Act to Prioritize Mental, Physical Health
The city of Santa Clarita has notified the public that the playground at West Creek Park, 24247 Village Circle Drive, Valencia, CA 91354, is currently closed for repairs on the rubberized surface.
West Creek Park Playground Closed for Repairs
The Santa Clarita Valley Media Collaborative invites local creatives, media industry professionals, students, parents, teachers and others to celebrate the next generation of media makers participating in the inaugural NextGen MediaMakers Festival on Saturday, May 18 from 2-5 p.m. at the Canyon Country Community Center.
May 18: NextGen MediaMakers Festival Invites Creatives, Students, Experts to Celebrate Media
1986 - COC board votes to allow Argentine cliff swallows to nest forever on sides of buildings [story]
swallows
As Volunteer Appreciation Week approaches, the County of Los Angeles Department of Animal Care and Control wishes to extend heartfelt gratitude to all its dedicated volunteers who tirelessly contribute to DACC's mission of advancing the well-being of animals and people in the County.
DACC Pays Recognition to Volunteers
The Canyon Country Farmers Market will be celebrating their two-year anniversary Wednesday, April 24.
April 24: Canyon Country Farmer’s Market Celebrates Two-Year Anniversary
The Henry Mayo Newhall Hospital Auxiliary presented a $35,000 check Monday to the Henry Mayo Newhall Hospital Foundation for the foundation’s Patient Tower Capital Campaign.
Henry Mayo Auxiliary Fulfills $600K Patient Tower Pledge
The Acton/Agua Dulce Arts Council has announced a call for entries for "Creature Feature," a juried art exhibition, with a theme of any living creature.
Entries Needed for ‘Creature Feature’ Art Show
The Acton/Agua Dulce Arts Council has announced a call for entries for a juried exhibit open to all photographers, both professional and amateur.
Acton/Agua Dulce Arts Council Announces Call for Photographers
Recently I had the opportunity, along with spcaLA President Madeline Bernstein and Inland Valley Humane Society & SPCA President Nikole Bresciani, to meet with NBC 4 reporter Kathy Vara to discuss the current challenges facing animal sheltering organizations.
Marcia Mayeda | Current Challenges in Animal Sheltering
As city manager for 12 years now and a longtime resident of Santa Clarita, I am always proud to see how our community continues to grow.
Ken Striplin | Visit Skyline Ranch Park – Santa Clarita’s Newest Amenity
The city of Santa Clarita’s Film Office released the list of six productions currently filming in the Santa Clarita Valley for the week of Monday, April 22 - Sunday, April 28.
Filming in Santa Clarita Includes Six Productions
Henry Mayo Newhall Hospital is recognizing its valued volunteers during National Volunteer Week April 21-27.
Henry Mayo Celebrating National Volunteer Week
The regular meeting of the Saugus Union School District Governing Board will take place Tuesday, April 23, with closed session beginning at 5:30 p.m., followed immediately by public session at 6:30 p.m.
April 23: Saugus Union to Discuss 2023/24 Personnel Report
The Santa Clarita Community College District Board of Trustees will hold a self-evaluation workshop Wednesday, April 24, beginning at 2 p.m.
April 24: COC Board of Trustees’ Self-Evaluation Workshop
A Los Angeles County Sheriff's deputy, who was severely injured in October after an explosion and fire at a Pitchess Detention Center mobile shooting range, died Saturday, LASD announced Sunday.
LASD Deputy Dies Months After Pitchess Shooting Range Explosion
SCVNews.com