Required Action Step by Your Business:
If you are representing a business then Getting Started is easy. By providing your details, upon execution of our service agreement, CAC Recovery will file your claims and assist you in gathering the specific documentation necessary to maximize your DRAM Indirect Class Action Lawsuit Antitrust Settlement recovery. (*CAC does not pursue individual personal settlement filings, we represent businesses only.)
Class Members Eligible for DRAM Indirect Class Action Antitrust Settlement:
You are included in the Class and/or Attorneys General Actions if you meet the following criteria:
- You are a person or business that purchased DRAM or a device containing DRAM
- Your purchase was made anytime from January 1, 1998 through December 31, 2002
- Your purchase was made in the United States or from a seller located in the United States; and
- Your DRAM purchase was not made directly from any of the DRAM manufacturers.
DRAM Indirect Antitrust Settlement Case History:
Several complaints were filed in 2002 in the Northern District of California accusing the Defendants of conspiring and combining to fix, raise, maintain and stabilize the price at which DRAM was sold in the United States after the Department of Justice launched an extensive criminal investigation into DRAM manufacturers. Since then, the Court the following settlements have been reached in a collective total amount of $310,720,000 with the following Defendants: 1) with Samsung and Winbond in March 2007 (the covered period might commence on January 1, 1999 for this settlement but the Special Master assigned to this case is asking the Court to have the covered period commence on January 1, 1998); 2) with Elpida, Hynix, Infineon, Micron, Mosel and NEC in June 2010; 3) with Nanya in January 2011; 4) with Mitsubishi in December 2011; 5) with Toshiba in September 2012; and 6) with Hitachi in July 2012.
Definition of DRAM As Included in the Indirect Antitrust Settlement:
DRAM, which stands for Dynamic Random Access Memory, is a form of fast and inexpensive data storage essential to the operation of computers and other digital devices. DRAM chips, which contain semiconductor integrated circuits, are normally assembled into modules (“DRAM” refers to both chips and modules). The Settlements include the following types of DRAM: Extended data out (“EDO”); Fast-page mode (“FPM”); Reduced latency (“RLDRAM”); Synchronous (“SDRAM”); Rambus (“RDRAM”); Asynchronous (“ASYNC”); and Double data rate (“DDR”). The Settlements do not include static random access memory (“SRAM”).
What Devices Contain DRAM Are Included in the DRAM Indirect Settlement?
All devices containing DRAM are included in the DRAM Indirect Class Action Antitrust Settlement. From January 1, 1998 to December 31, 2002, DRAM was included in many different types of digital devices, including computers (laptops, desktops, and servers), graphics cards, video game consoles, MP3 players, printers, PDA’s, DVD players, Digital Video Recorders, and others.
What the DRAM Indirect Class Action Lawsuit is About:
The lawsuits claim that Defendants fixed the prices of DRAM from January 1, 1998 through December 31, 2002, which resulted in overcharges to people and businesses that bought DRAM or devices containing DRAM. The Defendants deny these claims. The Court has not decided who is right.
What Purchases Are Included in the DRAM Indirect Settlement?
The DRAM Class Action Antitrust Settlements cover only “indirect” purchases of DRAM. As long as you did not buy DRAM “directly” from a DRAM manufacturer, your purchase of DRAM or a device containing DRAM is an indirect purchase. Indirect purchasers buy DRAM or devices containing DRAM from computer makers (e.g. Apple, Gateway, Dell), retailers (e.g. Best Buy, Staples, Costco), and many other resellers (e.g. CDW, Ingram Micro, Amazon.com). Direct purchases from the DRAM manufacturers are not covered under the DRAM Indirect Settlements.
Our Class Action Settlement Services:
CAC Recovery navigates the complex intricacies of the DRAM Indirect Antitrust Settlement claims filing process to help businesses maximize their settlement recoveries.
Our class action settlement services include:
- Identifying class action claims where businesses may be eligible to file
- Filing the class action claim with supporting documentation
- Interacting with the class action Claims Administrator
- Providing updates on class action claim settlements status
- Resolving Claims Administrator questions on claims
- Reviewing the recovery to assure the correct compensation claims amount has been received
Our Guarantee: We Get Paid When You Recover – No hidden charges or up-front fees. We provide our class action settlements services based on a contingency fee.
Getting Started is easy! If you represent a business we’ll first have you fill out our ‘Get Started‘ form and a CAC representative will contact you within 24 hours to review your eligibility and walk you through the claims process.