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.
"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.