Optical Disk Drive Products Settlement
In re Optical Disk Drive Products Antitrust Litigation - Case No. 3:10-MD-2143-RS (MDL 2143)
Settlement Fund: $180,000,000
Settlement Period: April 1, 2003 – December 31, 2008
Claim Filing Deadline: October 30, 2017
The ODD Settlement is a result of complaints alleging that the Defendants participated in an unlawful conspiracy to fix, raise, maintain, or stabilize prices of ODD’s, at artificially high levels in violation of section 1 of the Sherman Act and various state laws.
Additional Defendants are expected to settle, but have not completed negotiations. When they do settle, the total fund is expected to grow and exceed $180 million. Settlement distributions may be paid in phases where the first phase covers $124.5 million.
Eligible entities include those in the locations listed below who purchased applicable products new for their own use and not for resale between April 1, 2003 and December 31, 2008:
- 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 and Wisconsin.
ODDs, include, but are not limited to, CD-ROMs, DVD-ROMs, and COMBO drives. Product purchases eligible for the settlement include:
- Computer (desktop or laptop) with an internal ODD
- Stand-alone ODD designed for internal use in computers
- ODD designed to be attached externally to a computer
Please note, Panasonic-branded computers are not eligible.
Recovery amounts from the settlement will be based on: (1) the number of ODDs purchased by the class member; and (2) the total number of valid claims filed. The current estimated settlement amount according to the official settlement documentation is approximately $10/drive, which could increase or decrease depending on the total number of valid claims filed by the entire class.
Enroll in MCAG's Settlement Recovery Service
If you are interested in MCAG pursuing a claim to this settlement on your behalf, please contact one of our representatives at 800-355-0466 to ensure a claim is submitted on your behalf prior to the August 1, 2017 deadline. There are no upfront fees for this service. MCAG aligns its incentives with yours and charges a percentage of any recoveries obtained on your behalf. Services include all the data analysis necessary to determine eligibility, document preparation, claims filing, recovery and reconciliation for enrolled customers. If no money is recovered for your organization from the Settlement(s), then MCAG will not charge or retain a fee.
Take advantage of MCAG's experience and success with negotiating maximum returns to clients even in cases where only limited information is available, such as current demographic information along with current inventory or recent purchasing reports.
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