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Did you purchase an electronic device such as a computer, printer, DVR or video game console between 1998 and 2002? If so, you could be eligible for cash benefits from a class action settlement.
The Settlement Administrator is currently seeking consumers who have purchased eligible devices. In fact, the following email was recently sent to a claimant:
“Thank you for filing a Claim Form in the DRAM Antitrust Litigation. Your friends, family, and co-workers can also get up to $25, $50 or more if they bought a computer, printer, video game console or other electronic device between 1998 and 2002. Please tell them to file a claim at www.DRAMclaims.com. As you know, it is easy and takes only about 5 minutes.
The deadline for filing a claim is August 1, 2014 and we want to ensure that everyone gets a chance to participate in the settlement. If you have questions or want more information, please contact the Claims Administrator toll-free at 1-800-589-1425.
Thank you,
Claims Administrator
DRAM Indirect Settlements
P.O. Box 8097
Faribault, MN 55021-9497
Email: Info@DRAMclaims.com
Toll-Free: 1-800-589-1425″
Under the terms of the class action settlement, Dynamic Random Access Memory (DRAM) manufacturers such as Samsung, Hitachi, Toshiba and Hynix have agreed to pay approximately $200 million to consumers and businesses that were affected by their alleged scheme to fix the price of DRAM. The minimum payment to eligible Class Members is $10, while larger purchasers could receive more than $1,000 from the computer chip settlement.
While no proof of purchase is necessary to file a claim for the computer chip price-fixing settlement, the Claims Administrator may request it at a later time. Save any documentation or proof of purchase that you still have.
For more information about filing a claim for the computer chip price-fixing class action settlement, visit our open settlements page or visit www.DRAMclaims.com. The deadline to file a claim is Aug. 1, 2014, so act quickly!
The Computer Chip Price-Fixing Class Action Lawsuit is In re: DRAM Antitrust Litigation, MDL No. 1486, in the U.S. District Court for the Northern District of California.
UPDATE: On June 25, 2014, a California federal judge gave final approval to the computer chip price-fixing class action settlement.
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14 thoughts onComputer Chip Class Action Settlement Pays Cash
Payout will be in Fall of 2016,
Did this suit ever get a payout and maybe I missed it somehow?
Yeah, Me to. J. When is the checks coming. I hope before Christmas. AMEN.
it has been four months since the final approval wondering when is the distribution?