If You Rented Online DVDs from Netflix, A Class Action And A Settlement With Wal-Mart May Affect You.
A class action settlement has been reached with Wal-Mart in a class action lawsuit against Wal-Mart Stores Inc. and Walmart.com USA LLC (together called “Wal-Mart”) and Netflix, Inc. (“Netflix”) in the United States District Court for the Northern District of California (styled In re: Online DVD Rental Antitrust Litigation, MDL No. 2029) alleging, among other things, that Wal-Mart and Netflix reached an unlawful agreement under which Wal-Mart would withdraw from the online DVD rental market and Netflix would not sell new DVDs that allegedly caused Netflix subscribers to pay higher subscription prices, according to the Wal-mart and Netlfix Online DVD class action lawsuit and settlement notice.
The Wal-mart settlement class reportedly includes any person or entity living in the United States or Puerto Rico that paid a subscription fee to rent DVDs online from Netflix anytime from May 19, 2005 to and including September 2, 2011.
Under the Wal-mart class action settlement, Wal-Mart will reportedly pay $27,250,000, in cash and gift cards, to settle the lawsuit. If you qualify, you can get a cash payment or a gift card that can be used at www.walmart.com. The actual amount paid in cash and in gift cards depends on the total number of valid claims filed. If you wish to remain in the Wal-Mart Settlement Class and get benefits, you need to file a claim. If you wish to keep your right to individually sue Wal-Mart about the claims in this case you reportedly must exclude yourself by February 14, 2012 from both the Wal-Mart Settlement Class and the Netflix Litigation Class.
The Court will hold a Fairness Hearing at 9:00 a.m. on March 14, 2012, at the United States District Court for the Northern District of California, located at 1301 Clay Street, Oakland, CA, 94612, in Courtroom #3 to consider whether the Wal-mart Settlement is fair, reasonable and adequate.
Netflix reportedly has not settled the lawsuit and the litigation reportedly continues against it, with a trial scheduled for January 23, 2012. The Netflix litigation class reportedly includes any person or entity in the United States that paid a subscription fee to Netflix anytime from May 19, 2005 to September 30, 2010. If you wish to remain in the Litigation, you reportedly do not need to take any action at this time. If you wish to keep your individual right to sue Netflix about these claims you must exclude yourself.
For more information on the Netlfix Online DVD Class Action Lawsuit & Walmart Class Action Settlement, visit the In re: Online DVD Rental Antitrust Litigation class action lawsuit & settlement website:
www.OnlineDVDclass.com
If You Have Thoughts On The Netlfix Online DVD Class Action Lawsuit & Walmart Class Action Settlement, Share Your Lawsuit & Settlement Comments Below.
I have been a member of Netflix sinse 2006. Now I know why the DVD rental’s was hight. I also get their movies direct.
I have been a member of Nerflis since 2006 I also get their movies direct by my computor I wish to be in the Class Acton Law Suite about DVD rentals.
I have been a member of Netflix since 2006 I also get their movies direct.
…ya know, when something just doesn’t feel right…it usually isn’t. That’s how I always felt about netflix. Now we know they were “NetFix”
I’am in the lawsuit against walmart and Netflix and filed a claim. The fairness hearing was to be March 14, 2012. The main website has not updated any content or the results of the Fairness Hearing. Here it is March 25, 2012 and I have not heard anything on the result. Has anyone heard or read anything about the Hearing?
And yes I’ve searched for hours on anything about the result and found nothing on it.
Never mind they updated.
We had full Netflix until Nov or Dec last year 2011. When we found out they raised the cost we canceled the DVD side of the rental. Are we eligible for this class action suit? If so sign me up.
I’ve been a member since they started up & would want to be part of this Netflix & Walmart lawsuit please