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AG Conway urges consumers to file claims in DRAM settlement
Companies settle multi-state price fixing case for $310 million
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By Daniel Kemp, Deputy Communications Director
Kentucky Attorney General Jack Conway's office
Attorney General Jack Conway and his Office of Consumer Protection are encouraging eligible Kentucky consumers to file a claim in a $310 million settlement involving Dynamic Random Access Memory (DRAM) manufacturers. The multistate settlement involves 12 DRAM manufacturers over claims of price fixing.
"This settlement affects almost every consumer and business in Kentucky that purchased computers and other electronic devices from 1998 to 2002," General Conway said. "I encourage everyone to submit a claim to get what is owed to them."
DRAM is a form of fast and inexpensive data storage essential to the operation of computers and other digital devices. 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.
The minimum payment for smaller purchases of DRAM or DRAM-containing products is expected to be $10; however, the actual payment amount depends on the total number of claims filed and payments could be much more.
Claims can be filed online at DRAMclaims.com. The deadline to file claims is August 1, 2014. More information about the settlement is available by visiting DRAMclaims.com, or call 1-800-589-1425, or emailing info@DRAMclaims.com.
This story was posted on 2014-07-15 18:07:29
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