LANSING, Mich. – July 14, Michigan Attorney General Bill Schuette announced consumers and businesses that purchased Dynamic Random Access Memory (DRAM) or devices that contain DRAM may be entitled to payments from a $310 million settlement fund.
DRAM can be sold individually or preinstalled in computers, graphics cards, video game consoles, MP3 players, printers, PDAs, DVD players and digital video recorders.
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"When companies conspire to fix prices, consumers pay the price," said Schuette. "This settlement puts some change back in the pockets of consumers and ensures a free, fair, and competitive marketplace in the future. I encourage eligible citizens to file a claim online before the August 1, 2014 deadline."
Consumers and businesses that purchased DRAM between 1998 and 2002 can file a claim. Those who purchased large amounts of product could receive thousands of dollars, depending on the amount purchased.
The minimum payment is expected to be approximately $10, but the actual amount depends on the number of claims filed.
The claims process can be completed at www.DRAMclaims.com
For more information:
- Visit: www.DRAMclaims.com
- Call: 1-800-589-1425
- Email: Info@DRAMclaims.com
The manufacturers involved in the settlement are: Elpida, Hitachi, Hynix, Infineon, Micron, Mitsubishi, Mosel, Nanya, NEC, Samsung, Toshiba, and Winbond.