Dynamic Random Access Memory, or DRAM, is used in practically every consumer electronic device as it is a core component required for these gadgets to process data. Chip manufacturers allegedly conspired to fix the prices of these DRAM chips, inflating the price of consumer goods that utilized these DRAM chips, with the end result being hundreds of millions of dollars in excess expense to the American consumer. A class action suit against these manufacturers has resulted in the possibility that you will be able to claim your fair share of a $310 million settlement.
Important Dates and Info
The United States District Court for the Northern District of California will hear the case on June 25, 2014. At this fairness hearing, the court will consider whether or not to approve the settlement and award fees. The deadline to file a claim is August 1, 2014, and you can either file online or by mail.
What Types of Electronics Have DRAM?
Virtually every type of electronic device you can imagine has a DRAM chip but it is important for you to take a mental inventory of those products you actually purchased during the allotted timeframe for this settlement. Computers (laptops and desktops), as well as computer hardware like printers, graphics cards, and memory modules all have DRAM chips. Home entertainment devices like DVD players, DVRs, and video game consoles also utilize DRAM. The Sony PlayStation, Sony PS2, Microsoft Xbox, Nintendo 64, Nintendo Gamecube, Nintendo Game Boy Advance, Sega Saturn, and Sega Dreamcast were all on the market at some point during the allotted timeframe. Personal electronic devices like PDAs – remember those? – and early MP3 players also qualify since they utilize DRAM chips. Old school MP3 players from companies like Eiger, Diamond Rio, Creative Labs, and Archos are eligible. The first and second generation iPod can also qualify since they were released prior to December 31, 2002. Business owners should also note that point of sale systems are eligible as well so consider that if you bought any Ingenico, or similar, machines between 1998 and 2002.
Do I Qualify For the Settlement?
You are eligible for this settlement if you bought any DRAM chips or devices containing DRAM chips between January 1, 1998 and December 31, 2002. All persons and businesses that purchased these products in the United States or from retailers in the United States are eligible, but those who bought DRAM directly from the manufacturer are not eligible for this settlement.
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