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AG Kilmartin Tells RIers: File Claims by August 1, 2014 in $310 Million DRAM Price Fixing Settlement

Consumers who purchased computers, printers, video game consoles or other electronic devices with DRAM memory may be eligible for money from settlements

Attorney General Peter F. Kilmartin is letting Rhode Island consumers know that time is running out to file a claim in the $310 million DRAM Settlement. The settlement involves 12 Dynamic Random Access Memory (DRAM) manufacturers over claims of price fixing. Consumers and businesses may file a claim if their purchases were between 1998 and 2002.

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.

"Numerous electronic devices from laptops to DVD players contain chips known as DRAM," said Attorney General Kilmartin. "In addition to direct restitution to consumers who purchased devices with DRAM chips, this settlement has also put companies on notice: our office is committed to aggressively investigating and pursuing those that engage in anti-competitive behavior, and we will continue to enforce the antitrust laws in Rhode Island. This settlement affects nearly every consumer and business in Rhode Island that purchased computers and other electronic devices from 1998 to 2002, and we encourage those eligible to file a claim to get what is owed to them."

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.

Any consumer who purchased one or more of the following between 1998 and 2002 is eligible to make a claim:
Desktop computers
Laptop computers
Computer servers
Computer graphics cards
Printers
Video game consoles
MP3 players
PDAs
DVD players
Digital video recorders.

More information about the settlement is available by:

Visiting: www.DRAMclaims.com
Calling: 1-800-589-1425 (toll-free)
Emailing: Info@DRAMclaims.com

Related links

Department or agency: Office of the Attorney General: Consumer News and Alerts

Online: http://www.riag.ri.gov/civil/consumer/

Release date: 07-11-2014

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