$310 million DRAM price fixing settlement could get you $10

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    $310 million DRAM price fixing settlement could get you $10


    Posted: 13 Mar 2014
    $310 million DRAM price fixing settlement could get you $10 - or much, much more



    If you bought a computer or other device that uses DRAM around the turn of the century, you could be eligible for a payout as part of a price fixing settlement.
    The settlement is the result of class action and attorneys general lawsuits against a dozen DRAM manufacturers, including Samsung, Toshiba, Hynix and Hitachi. In total, the manufacturers have agreed to pay out $310 million in a nationwide settlement, and roughly $200 million of that money will go to consumers and businesses who were affected.

    $310 million DRAM price fixing settlement could get you $10 - or much, much more | PCWorld
    TVeblen's Avatar Posted By: TVeblen
    13 Mar 2014



  1. Posts : 175
    windows 7 32
       #1

    It's comforting to know that laywers are doing thier part to stimulate the economy.
      My Computer


  2. Posts : 2,409
    Windows 7 Professional 32-bit/Windows 8 64-bit/Win7 Pro64-bit
       #2

    Does that count if the RAM came with the computer?
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  3. Posts : 165
    Windows 7 Ultimate x86 and x64
       #3

    Computer0304 said:
    Does that count if the RAM came with the computer?
    Yes, it does.

    Just like most class action suits, you get a few bucks, the lawyers get millions. I never respond to the class action suit mailers. It just encourages them.
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  4. Posts : 3,371
    W10 Pro desktop, W11 laptop, W11 Pro tablet (all 64-bit)
       #4

    Class action suits aren't always like that. I got a $21,000 award in a class action suit a couple of years ago. I didn't even need to fill out a claim form, all I had to do was cash the check. Another suit about 25 years ago got my house completely replumbed.

    I'm sure I bought some number of qualifying devices during that period of time (1998-2002) but couldn't put a finger on exactly how many. I doubt I could come up with any kind of receipt for those items (should they ask for proof) since I don't generally keep receipts for 12-16 years.
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  5. Posts : 20,583
    Win-7-Pro64bit 7-H-Prem-64bit
       #5

    The big winners are the lawyers
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  6. Posts : 6,292
    Windows 7 64 Bit Home Premium SP1
    Thread Starter
       #6

    Yep. Some quick math and they made off with $110 mil.
    And my Pentium II is still slow!
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  7. Posts : 20,583
    Win-7-Pro64bit 7-H-Prem-64bit
       #7

    Yea even a caveman like myself could see that number,
    I guess they were being nice taking only just over a third
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  8. Posts : 7,466
    Windows 10 Home Premium 64bit sp1
       #8

    strollin said:
    Class action suits aren't always like that. I got a $21,000 award in a class action suit a couple of years ago. I didn't even need to fill out a claim form, all I had to do was cash the check. Another suit about 25 years ago got my house completely replumbed.

    I'm sure I bought some number of qualifying devices during that period of time (1998-2002) but couldn't put a finger on exactly how many. I doubt I could come up with any kind of receipt for those items (should they ask for proof) since I don't generally keep receipts for 12-16 years.

    There is really no legit way to track who bought what and to even do this to the public is BS

    They know there is far in between of someone actually having records from that long ago ,I am also sure i purchased a lot of their products too from that time but the gap in years is just to great to even track it down

    I bet majority of people reading this article are shaking their heads in disgust because the only winners here are the Lawyers and no one will waste time for a $10 come up

    It would of been a lot easier to just Pinpoint retailers that sold their product that has long shut down now it's possible they might have something on you in there records but that would be a long shot
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  9. Posts : 1,653
    Windows 10 Pro. EFI boot partition, full EFI boot
       #9

    I once received a check for a class action lawsuit for one dollar. I bet the lawyers (and the postal service) got a little more than that.
      My Computer


 
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