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It's comforting to know that laywers are doing thier part to stimulate the economy.
$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
It's comforting to know that laywers are doing thier part to stimulate the economy.
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.
Yep. Some quick math and they made off with $110 mil.
And my Pentium II is still slow!
Yea even a caveman like myself could see that number,
I guess they were being nice taking only just over a third
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
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.