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IA Consumers: Time is Running Out to File a Claim in DRAM Memory Chip Price Fixing Settlement
DES MOINES, Iowa, July 17, 2014 /PRNewswire-USNewswire/ -- The following is being released by Kinsella Media on behalf of the DRAM Settlement Fund by order of the United States District Court for the Northern District of California.
Time is running out for Iowa consumers 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 can file a claim if their purchases were between 1998 and 2002.
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.
Purchasers of large amounts of DRAM or DRAM products could get $1,000s 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.
Class Counsel Tracy Kirkham says, "Time is running out to participate in the DRAM settlement. The deadline to file a claim is August 1. The Settlement affects almost every consumer and business in Iowa that purchased computers and other electronic devices from 1998 to 2002. We encourage everyone to file a claim to get what is owed to them."
Claims can be filed online at www.DRAMclaims.com in five minutes or less. No proof of purchase is required to submit a claim. The deadline to file claims is August 1, 2014.
More information about the Settlement is available by:
SOURCE Kinsella Media
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