Electronics Purchasers Entitled To Refunds In Price Fixing Case

Florida Attorney General Pam Bondi announced today that consumers can now file claims to recover money from multi-state settlements totaling $310 million. The settlements resolve claims alleging price-fixing among major manufacturers of dynamic random access memory (DRAM), a common form of memory chip found in high technology devices. 

Individuals and businesses that purchased various DRAM electronic devices from someone other than a DRAM manufacturer between Jan. 1, 1998 and Dec. 31, 2002 can file claims to recover money from the settlement fund by visiting DRAMclaims.com or by calling 1-800-589-1425. Eligible consumers must submit their claim forms by Aug. 1, 2014. 

Filing through the webpage only takes a few minutes and no receipts are necessary.

“Price-fixing harms the healthy competition that keeps prices fair for consumers, and I encourage anyone who may have purchased a DRAM device and be eligible for money under this settlement to file a claim,” stated Attorney General Pam Bondi.

Florida, along with other states, filed an antitrust lawsuit in federal court in 2006, alleging that Florida’s consumers overpaid for electronic devices containing DRAM for purchases made between 1998 and 2002. The settlements also require the DRAM manufacturers to train their employees regarding compliance with the antitrust laws and prohibits them from engaging in certain unlawful conduct related to the sale of DRAM.

Consumers who purchased one or more of the following DRAM devices may be eligible:

· Desktop computers
· Laptop computers
· Computer servers
· Computer graphics cards
· Printers
· Video game consoles
· MP3 players
· PDAs
· DVD players
· Digital video recorders