A judge has accepted the settlement in the CD price-fixing case.
A judge has approved a settlement agreement in a music antitrust lawsuit that will result in more than 3.5 million consumers receiving nearly $13 each. Judge D. Brock Hornby issued a 51-page ruling Friday in the case that began in 1996 when attorneys general across the country began investigating whether distributors and retailers had conspired to inflate CD prices.
“This settlement will put cash in the hands of millions of consumers and music CDs in libraries and schools throughout the country, and will ensure that the challenged distributor/retailer practices will not resume,” Hornby wrote. The ruling, however, does not stipulate exactly how much consumers will receive or when the checks will be distributed. More than 3.5 million consumers filed claims, now estimated at $12.63 each.
(previous reported on here)
Does that mean that every one of us who used the link you so mnagnanimously provided will be getting a check in the mail? (I hope I hope I hope.)
If you were one of the folks who signed up via that link, it sounds like you’ll be getting some money, yes.