Thursday, November 6, 2014

Florida LCD consumers get settlement checks just in time for Election Day

Florida Attorney General Pam Bondi the other day had great news for around 15,000 consumers who got such a live view screen television, computer or monitor between 1999 and 2006.

We were looking at being reimbursed between $43 and $87 per product they bought, because of money with electronics manufacturers, including Toshiba and Mitsubishi, which were accused by Florida and seven other states of price rigging.

“We are pleased that you were able to take part in this settlement,” the letter, signed by Bondi, told consumers. About $35 million will be paid out to Florida customers, in line with Bondi’s office, in a very settlement that had been first announced at the end of 2011.

The checks in the 2-year-old settlement arrived in Florida the week before Polling day wasn't any mistake. In line with the company that issued the checks, Rust Consulting, Bondi’s office requested that Florida consumers be paid prior to the other states. The Florida checks were mailed Oct. 25.

But that meant other states must wait, because the 230,000 checks being mailed nationwide couldn’t all be printed immediately, said Robin Niemiec, Rust’s client services director.

Lizabeth Brady, legal counsel in Bondi’s office, made the request in mid October, Niemiec said.

“Liz was around the call with me as well as other states and said, ‘If no-one cares, will we go first?’ “ Niemiec said. “No-one did. Later, Michigan considered up one of the first too.”

Michigan’s checks were mailed Oct. 27, also soon enough for pre-Polling day delivery.

Michigan and Florida would be the only two with the eight states in the settlement to have competitive attorneys general races that is to be decided today.

The opposite states either have non-competitive races, open seats or an incumbent who isn’t up for re-election. They'd to wait until Oct. 29 to have their checks mailed, meaning some won’t arrive until Wednesday.

Did the elections pick which states got paid first?

Niemiec said the niche was not ever pointed out to her.

“(That’s) something better suited for AG’s office,” she said in an email. “We didn’t enter into much detail.”

Asked when the timing in the checks revolved around today’s election, Bondi’s spokeswoman Jenn Meale didn’t respond. Brady couldn’t be reached.

The settlement came after years of negotiating with numerous electronics manufacturers. Bondi’s predecessor, Bill McCollum, filed the lawsuit this season alleging the manufacturers had conspired to hike prices for the LCD equipment, costing consumers billions.

Bondi continued fighting the case in 2011 upon taking office, and announced in December of the year so it had reached a settlement while using companies. But it really took until Oct. 20 ahead of the federal judge in case issued your order to pay the settlement.

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