Anne Bucher  |  March 19, 2014

Category: Closed Class Actions

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This settlement is closed!

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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.

UPDATE 4: According to the Settlement Administrator, Class Members who filed a valid and timely Claim Form should expect a settlement check in July 2016. 

UPDATE 5: On July 7, 2016, Top Class Actions readers who submitted timely and valid claims for the DRAM settlement began receiving checks worth as much as $72.69.

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163 thoughts onDRAM Price-Fixing Class Action Settlement

  1. nlknln says:

    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.

  2. Now Robert Harris says:

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

    1. friend of gayle says:

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

      1. Friend of Gayle says:

        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

  3. gayle says:

    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

    1. Now Gayle thats my Jennell your talking about says:

      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.

    2. Now Gayle thats my Jennell your talking about says:

      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

      1. gayle says:

        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.

        1. tony macaroni says:

          gayle and jenelle both bitches

  4. Tina says:

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

    An error has occurred. An error has occurred

  5. jennell says:

    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

  6. Top Class Actions says:

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

  7. Top Class Actions says:

    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! 

  8. Top Class Actions says:

    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/

  9. nate says:

    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.

    1. CAROL says:

      I RECEIVED MY CHECK LAST WEEK OF 107.83

      1. mengoair says:

        I recieved my check today for $144. I was not expecting that much, but this is peanuts compared to what the lawyers made in this case. What 4 law firms dividing 310 million. There is something wrong with a system that awards lawyers millions while everyone else gets pennies.

  10. juanita hudson says:

    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

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Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.