Deadline approaches to file claims in $310 million DRAM price-fixing settlement

SALT LAKE CITY — The Utah Attorney General’s Office is urging consumers to look into their technology purchases between 1998 and 2002 to see if they are eligible to file a claim for the $310 million DRAM settlement. The deadline for Utah consumers to file a claim in the settlement is Aug. 1.

The settlement involves 12 Dynamic Random Access Memory, or DRAM, manufacturers over claims of price fixing. Consumers and businesses can file a claim if their purchases were between 1998 and 2002.

“Our office is dedicated to protecting consumers and companies from unlawful business practices,” Attorney General Sean Reyes said. “Assistant Attorneys General Ronald Ockey and Jim Palmer have worked for several years to achieve this positive result for Utah. Because this settlement impacts so many individuals and businesses in our state, I urge people to research their purchased items from the large list of manufacturers from 1998-2002 and file a claim.”

Purchasers of large amounts of DRAM or DRAM products could get thousands of dollars depending on the amount of product purchased. The minimum payment for smaller purchases of DRAM or DRAM products is expected to be $10. But the actual payment amount depends on the total number of claims filed and payments could be $25, $50 or more.

DRAM is a high density, low cost per bit, memory component that stores digital information and provides high-speed retrieval of data. DRAM is sold separately or pre-installed in electronic devices such as computers (laptops, desktops, and servers), graphics cards, video game consoles, MP3 players, printers, PDAs, DVD players, and Digital Video Recorders.

Claims can be filed online at www.DRAMclaims.com in five minutes or less.  The deadline to file claims is August 1, 2014.

More information about the settlement is available by:

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