Computer-chip settlement means refunds
Oregon Attorney General Ellen Rosenblum announced Tuesday multi-state settlements worth $310 million with all the major manufacturers of Dynamic Random Access Memory computer chips (“DRAM”).
The agreements resolve allegations that the companies conspired to fix prices for DRAM, a common form of memory chip found in computers and other devices.
Claim forms are going out to Oregon consumers who may be eligible for payment under the settlement. Anyone who purchased one or more electronic devices containing DRAM between 1998 and 2002 is eligible to submit a claim. Common examples include:
Computers (desktop, laptop or server)
Computer graphics cards
Printers
Video game consoles
MP3 players
PDAs
DVD players
Digital video recorders
“I encourage Oregonians to submit claims for amounts they may have overpaid because of this alleged price-fixing scheme,” said Attorney General Rosenblum. “The State of Oregon insists on fair competition in the marketplace.”
Claims must be submitted to the settlements’ administrator by August 1, 2014. Refunds will be issued after final court approval of the settlements and the resolution of any appeals.
The amount of each refund will depend on the type and quantity of electronic devices the claimant purchased, and the total number of claims made.
Payments are expected to be at least $10, and will not exceed the actual difference between the purchase price and the expected price in the absence of the alleged price fixing. To file a claim, visit www.DRAMclaims.com, or call 1-800-589-1425.
State and local governments, universities and colleges that purchased DRAM products between 1998 and 2002 will receive separate notice from the attorney general concerning separate monetary relief obtained on their behalf.
