NEVADA ATTORNEY GENERAL URGES CONSUMERS TO FILE DRAM SETTLEMENT CLAIMS by Aug. 1

Eligible to those who Purchased Computers, Printers, Video Game Consoles, or Other Electronic Devices with DRAM Memory from 1998 to 2002  

July 10, 2014

Las Vegas - Nevada Attorney General Catherine Cortez Masto urges eligible Nevada consumers to submit a claim online or by mail by the Aug. 1 deadline in the $310 million Dynamic Random Access Memory (DRAM) settlements.   

“The DRAM settlements affect almost every consumer in Nevada that purchased computers and other electronic devices from 1998 to 2002,” said Masto.  “Time is running out to submit a claim.  Impacted consumers can file a simple claim to receive compensation from the settlements.  I encourage those eligible to sign up and get their rightfully owed money.”  

Claims can be flied online at www.DRAMclaims.com in five minutes or less.  The deadline to file claims is Aug. 1.  

More information about the settlements is available by:  

Individual and business consumers can 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 can vary based on the total number of claims filed.  

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.  

Any payments resulting from the settlements cannot be made until the court has granted final approval to the settlements, including the resolution of any appeals. It is anticipated that final approval will occur within the next few years.  Also, if too many or few claims are received, the court may order that the settlements’ funds be provided to public or non-profit organizations in addition to or instead of consumers who file claims.  

The settlements reached by Nevada and 32 other states, in coordination with class actions, resolves antitrust litigation with 12 DRAM manufacturers over claims of price fixing.   

Click here to watch the video about the settlements.  

 

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