DRAM Manufacturers Settle in Price Fixing Class Action Suit

in hardware on 2014-04-04 05:17 (#3HD)

Manufacturers of DRAM modules reached a $310 million settlement for working together to fix prices. If you bought DRAM between 1998 and 2002, including any electronic device or computer containing DRAM, you may be eligible for a rebate . The minimum rebate is $10, while larger purchasers can receive up to $1000. The class action suit applies to the U.S. only, and the deadline to submit a claim is August 1, 2014.

Re: Interesting (Score: 1)

by zafiro17@pipedot.org on 2014-04-04 16:18 (#ZF)

Probably, a fleet of lawyers circling over the carcass, beating their wings in slow flaps. These guys are conflicted - it's in their interest to get as many "affected parties" as possible to strengthen the lawsuit. They sort out the details later, and after all in suits like this the poor, suffering bloke who was overcharged for DRAM might come home with a check for $3.65 while the lawyer fees will reach millions.

Revolution now!