Many Idahoans who bought products containing DRAM, or dynamic random access memory chips, between 1998 and 2002 are due a refund thanks to a price-fixing settlement, according to Idaho Attorney General Lawrence Wasden, but the Aug. 1 deadline for filing claims is past approaching. DRAM typically is either sold separately or pre-installed in electronic devices such as computers, servers, graphics cards, video game consoles, MP3 players, printers, PDAs, DVD players, and digital video recorders. The minimum refund for people who submit qualifying claims is $10; click below for more information.
STATE OF IDAHO
OFFICE OF THE ATTORNEY GENERAL
For Immediate Release
July 21, 2014
DEADLINE CLOSING IN FOR REIMBURSEMENT CLAIMS FROM DRAM SETTLEMENT
(Boise) – Attorney General Lawrence Wasden is reminding Idahoans they have a few more weeks to file reimbursement claims as part of the settlement with 12 Dynamic Random Access Memory (DRAM) manufacturers accused in a price-fixing scheme.
Consumers and businesses can file a claim if purchases of select items were made between 1998 and 2002. The deadline for filing any claims is August 1, 2014.
Idaho businesses, government entities or individuals who bought DRAM or products that use DRAM are eligible for refunds. The amount received depends on the type and quantity of electronic devices purchased and number of claims submitted. The minimum payment to individual consumers is estimated at $10, though some could receive more.
“If Idaho consumers purchased computers, video game consoles, printers, DVD players and other electronic devices between 1998 and 2002, they are likely due a refund from this settlement,” Wasden said. “This is money that rightfully belongs to Idahoans who were unfairly charged for products because manufacturers unlawfully inflated costs.”
DRAM is a high density memory component that stores digital information and provides high-speed retrieval of data. DRAM is either 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 in five minutes or less.
More information about the settlement is available by:
· Visiting: www.DRAMclaims
· Calling: 1-800-589-1425 (toll-free)
· Emailing: Info@DRAMclaims.com