DRAM Digital Device Class Action Settlement - WRCBtv.com | Chattanooga News, Weather & Sports

DRAM Digital Device Class Action Settlement

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Claim at least $10 or more for digital devices purchased between 1998 and 2002, including computers, servers, MP3 players, DVD players, video game consoles, and more.

This article was originally distributed via 24-7 Press Release Newswire. 24-7 Press Release Newswire, WorldNow and this Site make no warranties or representations in connection therewith.

PHOENIX, AZ, July 02, 2014 /24-7PressRelease/ -- Samsung, Toshiba and 10 other manufacturers of Dynamic Random Access Memory (DRAM) have reached a combined $310.72 million class action lawsuit settlement over claims they conspired to fix the price of DRAM data storage chips found in computers and other digital devices.

If you purchased a digital device from January 1, 1998 to December 31, 2002, you may be eligible to claim at least $10 or more from the DRAM class action settlement. No proof of purchase necessary. The more devices purchased, the more money you can claim. Eligible products include:

Computers (laptops and desktops)
Servers
Graphics cards
Video game consoles
MP3 players
Printers
PDA's
DVD players
Digital Video Recorders
Point of Sale Systems
Other digital devices

The deadline to file a claim is August 1, 2014. More information about how to file a claim for the DRAM class action settlement can be found at tpcl.as/DRAMinfo.

Case Summary
The DRAM price-fixing settlement resolves multiple class action lawsuits accusing manufacturers of conspiring to fix and raise the prices of DRAM, a form of fast and inexpensive data storage essential to the operation of computers and other digital devices. Plaintiffs accused Toshiba, Samsung, Hitachi, NEC and multiple defendants of entering into price-fixing agreements that resulted in consumers and businesses overpaying for devices containing DRAM from January 1, 1998 through December 31, 2002.

The defendants deny the allegations but agreed to pay a combined $310,720,000 to resolve the litigation. It's estimated that $200 million will be paid to consumers who file a valid claim by the August 1, 2014 deadline.

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

Potential Award
Consumers and entities that purchased a digital device containing DRAM from January 1, 1998 through December 31, 2002 can file a claim to receive at least $10 or more from the DRAM class action settlement. The more devices purchased the more money you can claim. No proof of purchase is necessary, but you may be asked to supply documentation if the Claims Administrator requests it.

Deadline
The deadline to file a claim is 8/1/2014.

File a Claim
Claim filing instructions can be found at tpcl.as/DRAMinfo.

About Top Class Actions, LLC: www.TopClassActions.com is the #1 source of class action news online, connecting consumers to the class action lawsuits and settlements that matter to them. Top Class Actions is based in Phoenix, Arizona.

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.



For the original version on 24-7 Press Release Newswire visit: http://www.24-7pressrelease.com/press-release/dram-digital-device-class-action-settlement-389116.php

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