Philips Electronics class action settlement gets initial okay

October 21, 2011 by

On October 3, 2011, the United States District Court for the District of New Jersey granted preliminary approval to a proposed class action settlement with Philips Electronics North America Corporation.  The settlement proposes to resolve lawsuits that allege certain Philips and Magnavox televisions suffer from a defect that causes internal components (called capacitors) to prematurely fail, resulting in the televisions becoming inoperable.  The proposed settlement would entitle qualifying settlement class members, who purchased new or received as a gift new one of the Philips or Magnavox plasma televisions with the model numbers listed below, to monetary benefits or vouchers.

The model numbers of the Philips and Magnavox plasma televisions included in the proposed class action settlement are:

 

50PF9830A/37 42PF9630A/37
50PF9731D/37 42PF7321D/37
50PF9631D/37 42PF7320A/37
50PF9630A/37 42PF7220A/37
50PF9431D/37 42PF5321D/37
50PF7321D/37 50MF231D/37
50PF7320A/37 50PF7220A/37

In addition, only those television sets with a serial number reflecting a manufacturing date between November 1, 2005, through December 31, 2006, qualify for participation in this settlement.

The Court has scheduled a hearing on December 15, 2011, at 10:30 a.m. to determine whether to grant final approval to the settlement.

To be eligible to receive the benefits made available pursuant to this settlement, class members must submit to the claims administrator a claim form that is postmarked by February 28, 2012.

To obtain additional information about the settlement, to determine whether your television qualifies, or to obtain a claim form, you can visit the settlement Web site at http://www.PhilipsPlasmaTVsettlement.com

You can also contact the settlement administrator by calling (855) 477-4407, or by writing to Philips Plasma TV Settlement, c/o Dahl, Inc., P.O. Box 2061, Faribault, MN 55021.

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, consumer cases, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, employment matters, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.

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