DRAM class action settlements
March 20th, 2014
DRAM, which stands for dynamic random access memory, is a type of memory chip used in computers and other electronics. The plaintiffs claim that certain manufacturers and distributors of DRAM chips conspired to fix prices from April 1, 1999, to June 30, 2002.
To date, defendants have agreed to pay over $79 million. The following table itemizes the settlements to date:
Parties | Date Settled | Class Action Settlements |
Elpida | 15-Nov-11 | $5,750,000 |
Hitachi | 18-Dec-12 | $2,750,000 |
NEC | 28-Nov-12 | $2,750,000 |
Nanya | 24-Jul-12 | $325,000 |
Micron | 16-Oct-12 | $17,500,000 |
Samsung | 30-Apr-12 | $22,600,000 |
Hynix | 5-Apr-13 | $15,600,000 |
Infineon | 18-Jun-14 | $9,000,000 |
Mitsubishi | 24-Jun-14 | $1,250,000 |
Winbond | 16-Jun-14 | $450,000 |
Toshiba | 16-Jun-14 | $1,495,000 |
Total | $79,470,000 |