A federal court has given final approval to a $4 million class-action settlement that resolves consumer fraud claims against Philips/Magnavox over overheating plasma and liquid crystal display flat-screen televisions.
U.S. District Judge Claire Cecchi in Newark signed off Monday on the deal, which in addition to the cash gives class members an uncapped number of vouchers. It also provides $1.575 million for the plaintiffs’ legal fees and expenses.
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