The settlements provide for $55.5 million in recovery for class members. Specifically:

  • The PLDS settlement provides for a $40 million settlement fund.
  • The Pioneer settlement provides for a $10.5 million settlement fund.
  • The TEAC settlement provides for a $5 million settlement fund.

These settlements are in addition to $124.5 million already reached with four defendant families (Panasonic, NEC, Sony and HLDS) which have received final approval by the court. Class members are still able to make claims on the original $124.5 million in settlements. If final approval is granted to one, some or all of the settlements, class members who have filed valid and timely claims will receive an electronic payment.

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