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Free Money if you payed for music!!!


Dirty_habiT

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This Web site was established to provide information about a proposed Settlement of lawsuits brought by Attorneys General of 43 states, Commonwealths and Territories, and by counsel for the Plaintiff Settlement Class entitled In re: Compact Disc Minimum Advertised Price Antitrust Litigation.

The lawsuits, which are currently pending in the United States District Court for the District of Maine, relate to the retail pricing of prerecorded music compact discs, cassettes or vinyl albums (collectively known as prerecorded Music Products).

 

You may be a member of the Settlement Group and your rights against Defendants may be affected if you are a person or entity that purchased these prerecorded Music Products from a retail store during the period of January 1, 1995 through December 22, 2000.

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There's an online form. And I'd be almost certain that everyone here qualifies.

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What is the Litigation About?

Plaintiffs allege that the Defendants conspired to illegally raise the prices of prerecorded Music Products by implementing Minimum Advertised Price policies, in violation of State and Federal laws. All Defendants deny all claims of wrongdoing asserted by the Plaintiffs.

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Guest imported_El Mamerro

That is the absolute shadiest thing I have ever seen, Dirty... not only does it not provide enough information on the suit, but what if it fails terribly and a counter-suit is filed or something? Who's responsible for answering that?

 

That's a lot of personal information that mailing list resellers kill to have.

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What is the lawsuit about?

 

The Plaintiffs filed a lawsuit alleging that the Defendants conspired to illegally raise the prices of certain prerecorded Music Products by implementing Minimum Advertised Price policies, in violation of state and federal laws. The Defendants are five music distributors and three music retailers. (A list of the Plaintiffs and Defendants can be found on Page 3 of the Notice of Proposed Settlement.) The Defendants, in agreeing to settle the lawsuit, have denied all allegations of wrongdoing.

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From the Maryland Attorneys General Office

 

For Immediate Release

October 1, 2002 Contact: Sean Caine, 410-576-6357

 

See updated Note to Consumers

 

MARYLAND, 41 OTHER STATES SETTLE COMPACT DISC SUIT

 

Attorney General J. Joseph Curran, Jr. announced today that Maryland residents who purchased prerecorded music compact discs during the period from January 1995 to December 2000 will be eligible to receive cash payments under the terms of a settlement agreement with five of the largest U.S. distributors of CD's and three large retailers.

 

Maryland, 41 other states and three territories sued the distributors Bertlesmann Music Group, Inc., EMI Music Distribution, Warner-Elektra-Atlantic Corporation, Sony Music Entertainment, Inc., and Universal Music Group, and the retailers Transworld Entertainment Corporation, Tower Records and Musicland Stores Corporation for violating antitrust laws. Under the terms of the settlement, the defendants will make cash payments totaling $67,375,000 nationwide, and will provide $75,500,000 worth of music CD's. In addition, the defendants have agreed to stop engaging in practices that led to artificially high retail prices for CD's.

 

The suit, which was filed in federal court in New York in August 2000 alleged that the defendant distributors and retailers illegally conspired with one another to fix prices at which CD's could be sold to consumers. The illegal conspiracies allegedly grew out of the practice in the recorded music industry known as Minimum Advertised Price, or M.A.P., in which the distributors would pay for retailers' advertising in local media, provided the retailers did not advertise CD's at a sale price below a minimum established by the distributor. The defendants deny the allegations in the suit.

 

"This M.A.P. program led to higher CD prices, and reduced price competition among CD retailers. As a result, Maryland consumers could not comparison shop to get a good deal on CD's," Attorney General Curran said.

 

Today's settlement has three major components. The $67,375,000 in cash will be used primarily to compensate consumers nationwide, for charitable purposes, or for some combination of both. The defendants will also provide approximately 5.5 million music CD's for distribution by State Attorneys General to charities, schools and public libraries. Maryland's share of the settlement will be over $900,000 in cash and over 100,000 CD's for distribution. In addition, the defendants have agreed to an injunction which prevents them from making advertising funds to retailers conditional on advertising products for sale at a minimum price.

 

-end-

 

NOTE TO CONSUMERS: A website has been established to provide further information about the settlement of the Compact Disc litigation. At the website, you may find information relating to your legal rights, important dates in the claims filing process, and information as to what benefits are available, among other things. You can find the website at www.musiccdsettlement.com

 

In addition, a toll-free telephone line has been established which you may call to receive recorded information. The telephone number is 1-877-347-4782, TDD/TYY 1-888-314-5051.

 

Beginning in December, 2002 you may request a hard copy claim form by writing to:

Compact Disc MAP Antitrust Settlement Administrator

PO Box 1650

Fairbault, MN 55021-1650

 

If you wish to exclude yourself from the settlement group, you must notify the Settlement Administrator in writing, postmarked no later than March 3, 2003 at:

Compact Disc MAP Antitrust Settlement Administrator

PO Box 1643

Fairbault, MN 55021-1643

 

 

Looks legitimate to me.

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