The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

DRAM class action settlements

Micron DRAM memory chips from a laptop computer

Micron memory chips from a laptop computer

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