DRAM Claims

$310 Million Settlement

STATUS OF SETTLEMENT

All deadlines to submit individual or business claims have now passed. The Settlement Administrator will no longer accept claim forms for the DRAM Indirect Antitrust Litigation. The Settlement Administrator issued settlement payments to all eligible individual and business Class Members who submitted a timely and valid claim form.  Distribution occured in July of 2016.  All settlement checks are void as of May 31, 2017. All settlement checks are void as of May 31, 2017. Please do NOT try to cash or deposit any voided settlement checks. Checks cashed or deposited after May 31, 2017, will NOT clear and you will be responsible for any bank fees charged to your account.

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ABOUT THE LAWSUIT

There were class action and Attorneys General Settlements involving DRAM, a memory part that is sold by itself or as part of electronic devices such as computers, printers, and video game consoles.

The lawsuits claim that the Defendants fixed the price of DRAM causing individuals and businesses to pay more for DRAM and DRAM-containing devices. The Defendants deny that they did anything wrong.

The court granted final approval of the Settlements on June 27, 2014. Subsequently, Appeals were filed regarding the Final Approval.  All Appeals have now been resolved.

The Court held a hearing on May 18, 2016, to consider whether to approve the implementation of the plan of distribution.  To view the documents filed with the Court, click here. Judge Phyllis J. Hamilton subsequently approved the distribution plan on May 19, 2016.  To view the signed order, click here.

Distribution to all eligible individual and business Class Members occurred in July of 2016.

If you purchased DRAM directly from a DRAM manufacturer, you were a direct purchaser of the DRAM and your purchases were not covered by these Settlements.

Read the Detailed Notice to learn more about your rights in the Settlements.

 

Important Dates

May 5, 2014
Deadline to exclude yourself (opt out). All deadlines have now passed.

May 5, 2014
Deadline to comment on or object to the Settlements or request for fees. All deadlines have now passed.

June 25, 2014
The Court held a hearing to consider whether to approve the Settlements and award fees.

June 27, 2014
The Court granted final approval of the Settlements.

August 1, 2014
Deadline to file a claim online or by mail. All deadlines to submit claims have now passed.

July 1, 2015
All deadlines to file a claim by individuals or businesses have passed. Counsel will recommend that the Court not accept claims submitted by individuals or businesses after July 1, 2015.

May 18, 2016
The Court held a hearing to consider whether to approve the plan of distribution. Judge Phyllis J. Hamilton granted approval of the distribution plan on May 19, 2016.

July, 2016
Distribution of settlement payments to all eligible Individual and Business Class Members who submitted a timely and valid claim form.

May 31, 2017
All settlement checks are void as of May 31, 2017. Please do NOT try to cash or deposit any voided settlement checks. Checks cashed or deposited after May 31, 2017, will NOT clear and you will be responsible for any bank fees charged to your account.

WHEN WILL I RECEIVE BENEFITS?

The Settlement Administrator began issuing payments to all eligible claimants in July, 2016.

HOW WERE THE SETTLEMENT FUNDS DISTRIBUTED?

Under the Court approved Plan of Distribution, the settlement funds were distributed pro rata based on each claimant's purchases.  Claim recovery amounts were calculated based on the number and type of DRAM modules and electronic products containing DRAM that you purchased.  For this calculation, the DRAM contained in an electronic product was converted to a standard unit of measure -- the Computer Equivalent Unit (or "CPU").  The smallest recovery to any claimant was $15.97.

More detailed information about the calculation of claim recoveries is available in the Court Documents.

HOW DO I GET OUT OF THE CLASS OR ATTORNEYS GENERAL ACTIONS?

You would have needed to exclude yourself from the class no later than May 5, 2014.

WHAT IS THE DIFFERENCE BETWEEN EXCLUDING MYSELF FROM THE CLASS OR ATTORNEYS GENERAL ACTIONS AND OBJECTING TO THE SETTLEMENTS?

If you exclude yourself you are telling the Court that you don’t want to participate in the Settlements in any way. Thus, if you exclude yourself from the Settlements you will not share in the settlement funds and you cannot object to the Settlements either. Whereas, if you object to the Settlements, you are simply telling the Court that you do not like something about the Settlements. Objecting to the Settlements does not prevent you from sharing in the settlement funds.