Class Action about Music Recordings
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You Might Get $20 If You Bought a CD Between 1995 and 2000-Truth!

 

 

 

Summary of the eRumor
The message says there is a class action that applies to anyone who bought a CD between 1995 and 2000.  It gives a website where you can apply and possibly receive $20.
 

The Truth
The Attorneys General for 43 states and other areas have filed antitrust lawsuits against several music companies. 

They have alleged that the companies illegally conspired to raise the prices of CD's and other music products by implementing minimum advertised price policies.  In the proposed settlement, the companies would pay more than $65 million in settlements.  Anyone who purchased "prerecorded music products" such as CD's, cassettes, and records between January 1, 1999 and December 22, 2000 could be eligible.  An online claim form can be filled out at
www.musiccdsettlement.com. 

The payment will be a maximum of $20 per person no matter how many CD's have previously been purchased.  If the number of persons filing claims is large enough to bring the return to less than $5 per person, there will be no payments to individuals  Instead, the money would be handed out to non-profit or government groups for music related or other programs designed to benefit those who've purchased music products.  Additionally, the defending companies have agreed to distribute more than $75 million dollars worth of music CD's to non-profit or governmental agencies.

A real example of the eRumor as it has appeared on the Internet:


 Subject: Fw: cd class action entitling you to $20
 Date: Mon, 20 Jan 2003 23:34:06 -0600

 hey....you can get up to $20 for free if you bought
 a cd between 1995-2000 -
 that is all it takes to qualify...and if any of you
 haven't, then come see
 me.....

 (and no, this isn't a scam...i read about it in
 newsweek as well as serveral
 other reliable sources....and a few lawyers have
 discussed it with me as
 well....so it's totally real, not one of those bs
 bill gates forwards...this
 is an actual lawsuit)


 http://www.musiccdsettlement.com/

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