DRAM price-fixing class action settlement

Dynamic Random Access Memory (DRAM) manufacturers have agreed to settle class action lawsuits accusing them of fixing the price of DRAM, a small component in computer and other electronic devices. If you bought DRAM or products containing DRAM, such as computers, printers, video game consoles or other electronic devices, between Jan. 1, 1998 and Dec. 31, 2002, you could qualify for benefits under the class action settlement.

Who’s Eligible

To be eligible for benefits under the DRAM price-fixing settlement, you must meet the following criteria:

  • You are a person or business that purchased DRAM or a device containing DRAM;
  • Your purchase was made anytime from Jan. 1, 1998 through Dec. 31, 2002;
  • Your purchase was made in the United States, which includes Puerto Rico, the Northern Mariana Islands, and the U.S. territories, or from a seller located in the United States; and
  • Your DRAM purchase was not made directly from any of the DRAM manufacturers.
Potential Award

Of the $310 million Settlement Funds, approximately $200 million is expected to be available for distribution to Class Members. Payments will be determined on a pro rata basis, meaning that the amount each individual Class Member receives will be based on the number of valid claims submitted. The distribution plan provides for a minimum payment of $10 for each individual or business that makes a claim.

The only way to receive a payment from the DRAM price-fixing settlement is to submit a valid Claim Form, postmarked no later than Aug. 1, 2014.

Proof of Purchase

None required. However, it is possible that the Claims Administrator may request it at a later time, so save any documentation/proof that you may still have.

Claim Form Deadline

8/1/2014

Case Name

In re: DRAM Antitrust Litigation, MDL No. 1486, in the U.S. District Court for the Northern District of California.

Case Summary

DRAM, which stands for Dynamic Random Access Memory, is a form of fast and inexpensive data storage essential to the operation of computers and other digital devices. Class action lawsuits have been filed against the manufacturers of DRAM, alleging that they fixed the prices of DRAM from Jan. 1, 1998 through Dec. 31, 2002, resulting in overcharges to people and businesses that bought DRAM or devices containing DRAM. The defendants have denied the allegations but agreed to settle the class action lawsuit to avoid the uncertainty and expense of litigation.

The class action settlements involve the following types of DRAM:

  • Extended Data Out (EDO)
  • Fast-Page Mode (FPM)
  • Reduced Latency (RLDRAM)
  • Synchronous (SDRAM)
  • Rambus (RDRAM)
  • Asynchronous (ASYNC)
  • Double Data Rate (DDR)

 

The class action settlements do not include static random access memory (SRAM).

Final Hearing

6/25/2014

Settlement Website
Claims Administrator

DRAM Indirect Purchaser Antitrust Litigation
P.O. Box 8097
Fairbault, MN 55021-9497
1-800-589-1425

Class Counsel

COOPER & KIRKHAM PC

STRAUS & BOIES LLP

GUSTAFSON GLUEK PLLC

MOGIN LAW FIRM PC

Defense Counsel

N/A

UPDATE: Several Class Members filed objections to the DRAM class action settlement on May 5, 2014, saying it contains flaws in how damages are calculated for Class Members. Others object to how high the charitable award payments are.

UPDATE 2: The Settlement Administrator is telling claimants to let their friends, family and co-workers know about the computer chip price-fixing settlement. The deadline to file a claim is August 1, 2014, so act quickly! 

UPDATE 3: On June 25, 2014, a California federal judge gave final approval to the computer chip price-fixing class action settlement.

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34 Comments

  • juanita hudson March 20, 2014

    I have put a application in but it stop co in in my. Emails when I got sick went hospital I would appreciate if u start my email subscriptions back

  • nate May 4, 2014

    I wonder, how many consumers and businesses file for this one? I hope this is pays @ least $100 or more. All these big settlement cases, being posted. It may be a while for this one, I am sure millions upon millions will be filing claims online or mailed.

  • Top Class Actions May 7, 2014

    UPDATE: Several Class Members filed objections to the DRAM class action settlement on May 5, 2014, saying it contains flaws in how damages are calculated for Class Members. Others object to how high the charitable award payments are. More info: http://topclassactions.com/lawsuit-settlements/lawsuit-news/26284-dram-price-fixing-class-action-settlement-met-objections/

  • Top Class Actions June 11, 2014

    UPDATE 2: The Settlement Administrator is telling claimants to let their friends, family and co-workers know about the computer chip price-fixing settlement. The deadline to file a claim is August 1, 2014, so act quickly! 

  • Top Class Actions June 25, 2014

    UPDATE: On June 25, 2014, a California federal judge gave final approval to the computer chip price-fixing class action settlement.

  • jennell June 26, 2014

    well this is the other waiting period. have to wait until all appeals and objections are settled. all they had to wait is 90 days past august 1st and the payout would have begun

  • Tina July 21, 2014

    Getting error when trying to file claim what is going on?

    An error has occurred. An error has occurred

    • OH KNOW!!!! July 28, 2014

      You need a new computer Tina!!!!!!!

  • jennell August 3, 2014

    no your wrong what tina needs to do is get off this site and stop filling out false claims. people like myself are on here trying to get what we deserve. proof is in the pudding.

    • gayle August 6, 2014

      Jennell, just thought you might like to know I monitor this site for several Attorneys, so far I have found you on 10 different class action claims. I find it very hard to believe that you managed to purchase 10 items that just so happen to have a class action suit against them. You do know that you signed a fraud statement. Just something for you to think about

      • Now Gayle thats my Jennell your talking about August 8, 2014

        Now gayle, lets not be a liar. I can easily find 10 different claims that im legally eligible for. What you are is a imposter just hounding Jennell for no reason. I know Jennell isnt a scam because if she was she would be on lots more of the claim pages. And you know what, she isnt. So why dont you take your lying ass back to your trailer and come up with a new story to tell.

      • Now Gayle thats my Jennell your talking about August 8, 2014

        Oh and Gayle if thats your real name..Im sure its not. Gee she has 10 claims out of 30+ pages of open and closed class action lawsuits. I would really think a scammer would have way more claims then 10!!!! Seriously im starting to wonder how you were even able to type out such a lousy lie. Just something for you to think about

        • gayle August 10, 2014

          Let Ms. Jennell speak for herself if she can. She probably can’t remember all the ones she fills out. I can assure you it is being watched, and fyi that’s 10 out of 25 that I have found so far.

          • Oh gayle...why do you hate thee so much August 11, 2014

            Gayle i have to ask as i saw your posting. Why such anger towards Jennell, i agree in theory she “might” fill out claims she isnt entitled to. But i see other people post on just as many or more claim sites then Jennell does. Shouldnt they be feeling your wrath to? And may i inquire if your single, i kind of think its hot when a female is aggressive.

          • Robert Harris August 22, 2014

            You are so right GAYLE, why are you guys getting mad at GAYLE she only speaks the TRUTH and as for you “NOW GAYLE THATS MY JENNELL YOUR TALKING ABOUT” SHUT the hell up DUMB ASS !!!

          • tony macaroni November 22, 2014

            gayle and jenelle both bitches

  • Now Robert Harris August 26, 2014

    Now Now that kind of attitude is what will get you suspended from here. Naughty attitude you have there!!!!!!!

    • friend of gayle September 10, 2014

      It’s not my fault your a DUMB ASS ( that’s my jennell )

      • Friend of Gayle September 11, 2014

        Now your not a friend of Gayle, you probably are her. Now unless you have something useful and not vulgar in nature you should keep your comments to yourself. THIS board is for updates on the class action suit

  • nlknln September 10, 2014

    Stupid people that use forums to vent their anger. Thought I would find a comment looking for an update to claim. Instead I find Irrelevant arguments between inbreds. Go check on your corn fields.

  • bob September 23, 2014

    court documents say payment wont be until after January 2014

    • bob September 23, 2014

      I mean 2015

  • bob September 26, 2014

    several appeals have been filed. it now says it can take years

    • Bobarooni October 1, 2014

      It will probably be by next summer before we see anything. Its probably the same people who originally filed objections, and it took the judge only 2 months to reject them. There must not be any merit to them so hopefully the judge who gets these appeals will do the same.

  • sharp301 October 2, 2014

    Bob, I don’t see where it has been appealed on the site, or anywhere in the court documents can you tell me where you found it?

    Thanks,

  • Susan October 4, 2014

    Benefits will be distributed to Class Members, including consumers represented by their state Attorneys General after any appeals are resolved.

    The Court granted approval of the Settlements on June 27, 2014. However, several appeals have been filed with the Court and we don’t know how much time it could take for them to be resolved. Appeals may take a few years to resolve.

    In order to receive a payment you must file a valid claim. Note the deadline to file a claim is August 1, 2014. You can visit the website or call 1-800-589-1425 for any updates.

  • Justin October 19, 2014

    We have received close to $20,000 from here in the last 3 years (my wife and I as one household and my parents as another are included in that figure) and I want to share my honest Information about the process, how much money you can actually receive, the rules to follow and relative expected time periods of payments for the people who are new to this site or like myself read the mostly spam comments for the 1st time and want to know how it really works:

    Anyone can file as many various class action claims as they want, of course swearing under Perjury that all the information is to be true and correct. You do not want to exaggerate the amount of items purchased where proof isn’t required but truthfully the various claims administrators never take the time to look into it. If they do look into it and find you are lying or filling out say 10 claims from your household for every single claim, they will, after a while put your name on a list of people to verify and I guess, based on the comments, refuse payment of future claims. As to the legality of that process, I have no idea. Something along the lines of The Boy Who Cried Wolf. I have never had it happen to me and I fill out every claim I am eligible for and always get paid. I read the comments on here where people say they are blacklisted, but its unlikely if you don’t over exaggerate every single claim and abuse the gift of the free money tree this site plants in your backyard. I have found where you can claim say, a maximum of 8 products purchased and you only claim 6, you may get more money in the check than someone who claimed the maximum.

    GCG, Garden Claims Group is by far the most professional and biggest and best settlement admin company out there as they were given the responsibility with paying back the Bernie Madoff victims as well as the $180 million in DOJ seized money from the Full Tilt Poker ponzi scheme. It took 3 years but they wired every penny to me that was stolen from Full Tilt Poker. They even gave me free legal advice on how to claim the 2014 payment on my taxes even though the money was seized in 2011. They certainly did not have to do that. Almost all of the settlement companies tend to send out the checks within the allotted time allowed after the settlement is approved, usually within 90 days. Some are better than others, some just never respond to when they’ll send them out, even though the settlements have been approved and require the checks to be dispersed in a set allotted time period. Not much you can do as a consumer and a member of the class action lawsuit, other than to contact the settlement administrators which can be a tedious process on the phone, often leading to a road of nowhere and no person. This doesn’t happen often but don’t be surprised if you experience this frustration.

    Read the fine print, where it says “Only 1 claim per household allowed”, because you will know not to waste your time filing one claim per each member of your household, as they will only process the 1st one received from that address. Why they waste the money on stamps sending out rejection letters only further proves how much money these admin companies make doing their jobs paying out class action settlements. Most administrators make sure they pay out every penny out of the settlement so they can get paid quicker on the back end for finishing their job.

    We have received close to $20,000 in the last 3 years in checks as a family, including my parents who live in the same state and file their own settlements, following all the rules and thanks to me, have made money from settlements they had no clue they were entitled to until I sent them a link to this website. Almost all of the products we legitimately did purchase and were entitled to the settlements having received the notification postcards in the mail, and some we became aware of thanks to this site! We just were not aware of this website pointing them all out until I received a postcard in the mail about a Citizens Bank Overdraft settlement.

    If it weren’t for this website I would’t have all the extra money to spoil my 2 year old and afford the ridiculous overpriced health insurance, food, gas, electric bills and clothes this societal inflation has hurt all of us with lately.

    I want to truly give thanks to the people at this site who do the work to make it so easy for someone like me to find the claims and easily fill them out. I have extensive computer knowledge and I develop code for the internet and work as an IT consultant, but for most people who find this site, they should have no problem with the layout and the format to the settlements.

    I have never asked them how they profit off of all their hard work or the large amount of traffic they receive but they certainly deserve it! (They have earned every penny they make off the Google Ad-sense links and advertisements they may or may be paid for )

    I tell a ton of people about the settlements but they are either naive or too lazy to fill out the claim forms. I couldn’t believe that I got all those checks from the Sketchers shoes that were crap or the huge checks from all those unwanted and annoying and harassing calls to my cell phone that drove me nuts and with the sketchers and other products I saved receipts forgot back more than I paid for them to begin with because I saved my receipts, which I am starting to do because all these settlements pay back way more if you actually have a proof of purchase, although none of them require it basically.

    All the TCPA unwanted call settlements pay great, and who hasn’t gotten calls from all of these annoying companies and banks misusing our personal information on a monthly if not weekly or daily basis! When you ask them to please stop calling and they continue, you need to write it down at the very least if not report it through the right channels. I believe there is a link somewhere on here, which I have yet to click on and fill it out so an attorney can read it, I really should. Just start keeping a log of who calls and when, then maybe you can start your own TCPA call violation suit. I am a 31 year old married dad and I have a huge list of them and I am ready soon.

    As far as the settlements that you can not file a claim online, there is a reason for it. A lot of people will not take the time to fill one out if you can not do it electronically. Sometimes you have to print out the forms via Adobe PDF and fill them out and mail them in. Invest in a cheap printer, a spool of white paper and some forever stamps, its worth it! The 3 Papa John’s $50 checks paid for my printer and 40 stamps alone!
    Thanks Topclassactions.com !

    Nobody paid me or asked me to write this recommendation. It’s just the honest truth. Anyone with any suggestions or questions or anyone who has a more effective way to keeping records and finding out about these lawsuits is more than welcome to email me directly at happyandmarrieddad@gmail,com

    Thanks!
    Justin

    • tony macaroni November 22, 2014

      Justin stop telling people dick!!

  • ton October 19, 2014

    Hi Justin,
    Thank you for sharing. It is nice when the consumers don’t get the short straw. Enjoy your two year old, they grow up to quickly. I’m not sure why you are letting so many people in on the class action settlements. Doesn’t it lower all payout to us. If you think about it if you tell 20 people and the tell 20 each and this happens just 5 times you’ve told 3.2 million folks. Wouldn’t that kill the chances of $20,000 again. (20x20x20x20x20=3,200,000) So a settlement of $5.000,000 gives $1 to each of these people. Ilike your generosity in sharing, but I also like my $50 payouts. Have a great day and think about if I’m wrong.
    Thanks, ton

    • Tim November 24, 2014

      Surely you can appreciate the irony of your comment being posted on a website that has the single purpose of informing people about class action lawsuits and settlements.

  • Susan October 25, 2014

    Hi Justin, How refreshing to read such honest and great info. That is what this site is all about. I myself received cards in the mail that led me to this site. Have now realized how important it is to save receipts and write down unwanted texts and calls. You have given really good advice. Thank you for sharing.

  • Jennell November 2, 2014

    any word on the payouts and how much will it be.

    • Susan November 5, 2014

      Nothing yet Jennell. I think this one might take a while.

  • tgun November 10, 2014

    I did some digging regarding how to calculate the payout. I found a law firm website (Canadian) that lays it all out quite well.

    http://www.cfmlawyers.ca/active-litigation/dram-dynamic-random-access-memory/dram-plan-to-pay-settlement-funds/

    The Amount of DRAM Purchased

    DRAM is contained in a very wide range of products. Over time the amount of DRAM in electronics and its price has varied greatly. To deal with these factors, the plan to pay settlement funds uses a “Computer Equivalent Unit” or “CEU” to compare different products. One CEU is equivalent to the average DRAM content of one computer during the class period.

    CEU values have been assigned to various products which contain DRAM, so that class members can easily calculate the total value of their claim by identifying what products they purchased and where they are in the distribution chain.

    The following table provides a few examples of CEU values:

    Product CEU Ratio
    Computers – Laptops or Desktops 1.00
    Printers 0.05
    Memory Modules 0.74
    Video Game Consoles 0.10
    DVD Players 0.05
    MP3 Players 0.10
    Servers 1.00 CEU per $3,400 CDN spent

    There is an alternative calculation method for class members who purchased raw DRAM or DRAM in large quantities.

    Class Members’ Position in the Distribution Chain

    Depending on where they fall in the distribution chain, some class members have absorbed more of the overcharge than others. To address this, the plan to pay settlement funds assigns different monetary values to each CEU for class members at different levels of the distribution chain. The identified positions are as follows:

    Distribution Chain CEU Value
    Electronics Manufacturing Services (“EMS”) $1.25
    Manufacturers of computers for commercial resale to government or education entities $1.25
    Manufacturers of computers for commercial resale to non-government/education entities $0.63
    Resellers of computers or DRAM products without modification $0.42
    Manufacturers of DRAM products other than computers for commercial resale in raw or module form $0.42
    Manufacturers or Resellers with stranded DRAM inventory. $2.50
    End Consumers $5.00

    So, if you are a consumer and purchased a PC (laptop or desktop), that equals 1 CEU. 1 CEU * $5 = $5.00.

    BUT the settlement provides a minimum amount of $10 for a payout. So, in this simple example you should receive a whopping $10.00. I understand that it could increase depending on the number of claims however.

    I have heard that the claims administrator sent letters to consumers claiming multiple PCs and / or servers for receipts (in the last two weeks)… so anyone entering “inaccurate” or suspect number of devices might get rejected if there is no proof of purchase to back up the original claim.

    $10 will get you 2 large mochas or lattes at Starbucks or Caribou!

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