Thursday, 09 January 2003
litigation settlement that would enable consumers who bought musical
products (CD, cassette and vinyl) between January 1, 1995 and December
22, 2000, to receive between $5 and $20 compensation is currently in
the process of going to court in the United States District Court for
the District of Maine.
The Plaintiff claims that record
companies conspired to artificially raise the price of musical products
during this time, costing the consumer and putting more money in the
pockets of record producers and music executives.
Fairness Hearing will be held on May 22, 2003 at 10 a.m. in Portland,
Maine to determine whether or not the settlement should be approved,
claims dismissed, application of counsel fees and reimbursement of
costs should be approved and the plan of distribution for the
you bought one or more musical products between January 1, 1995 and
December 22, 2000, you may file a claim and receive up to ...