Toshiba 5005 Class Action Settlement Update

The time to submit claims to participate in this class action ENDED on June 27, 2005. Unfortunately, if you have not previously submitted a claim to participate in the class action settlement you are now PREVENTED from doing so. For those of you who submitted a claim to Rosenthal & Co. the claims administrators, here's what's happening. After the claim period ended Rosenthal is going through the process of verifying which claims fall into the significant impairment and those which fall into the severe impairment level. As for the significant impairment group it is anticipated the accepted claims will be paid the $500 by the end of August. The warranty, however, IS IN EFFECT as of July 15, 2005. Therefore, if you require warranty repairs the Toshiba Authorized Repair Facilities are now in a position to perform those repairs, at no cost to you, for the next 18 months. Finally, for those who submitted claims for the $1,000 or $1,500 voucher category, it will take a bit more time as the logistics for the return, testing and payment on these machines is implemented. I will continue to keep everyone updated as information becomes available. Again my sincere thanks to you all for your patience, understanding and confidence.