15. How much money can I get?
Only members of the Statewide Damages Classes are eligible to receive a payment from the Settlement Fund.
A plan has been submitted to the Court explaining how the Settlement Fund will be distributed to the Statewide Damages Class Members. Payments will be determined on a pro rata basis. This means that payment amounts will be based on the number of valid claims filed, as well as on the number and type of CRT Product(s) purchased: Standard CRT Television (screen size of less than 30 inches); Large CRT Television (screen size of 30 inches or larger); or CRT Computer Monitor. Based on data obtained during the course of the litigation, claims for different types of CRT Products will be weighted as follows:
Claims for purchases of Standard CRT Televisions will be weighted as 1
Claims for purchases of Large CRT Televisions will be weighted as 4.3
Claims for purchases of CRT Computer Monitors will be weighted as 3.
At this time, it is unknown how much money each Class Member will recover. It is expected that a minimum payment of $25 will be made to all Statewide Damages Class Members who submit a valid claim. The maximum payment will be three times the estimated money damages for each claimant. More details about the anticipated distribution of the Settlement Fund are available in the papers filed with the Court in support of settlement approval.
In order to receive a payment you need to file a valid claim by December 7, 2015. The Claim Form provides additional details on how to submit a claim. Further information is available at
www.CRTclaims.com or by calling 1-800-649-0963.