Philips To Pay $4M To Turn Off Faulty TV Class Action

Law360, New York (October 5, 2011, 2:37 PM EDT) -- A judge on Wednesday approved a class action settlement in which Philips Electronics North America Corp. agreed to pay up to $4 million in refunds to customers who bought defective Philips or Magnavox-branded plasma televisions that turned off spontaneously.

U.S. District Judge Claire Cecchi gave preliminary approval to the settlement in New Jersey federal court, ending four consolidated suits that were brought in 2009 by consumers in New Jersey and Massachusetts. The plaintiffs alleged that Philips sold flat-screen televisions that suffered from a design defect that...
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