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August 1st deadline

Michigan’s attorney general is reminding people who bought DRAM or computers or computerized devices that contain D-RAM between 1998 and 2002, that they may be entitled to a cash payment of at least ten dollars and possibly as high as 50-dollars or more. Attorney General Bill Schuette says at issue are devices like laptops, desktops, servers, graphic cards, video game consoles, DVD players or other devices. The reason is that twelve manufacturers conspired to raise the prices of their products. That resulted in a 310-(m) million dollar legal settlement announced earlier this year. Buyers of DRAM or DRAM products however, are running out of time to get their cash payments. The deadline is August 1st, less than three weeks from now. Purchasers of large amounts of DRAM or products that contain DRAM, such as computers or other electronic devices, could recoup thousands of dollars depending on the amount of product purchased, according to the A-G. The minimum payment for smaller purchases of DRAM or DRAM-containing products is expected to be $10. But the actual payment amount depends on the total number of claims filed and payments could be $25, $50 or more. The claims process is simple and can be completed online at www.DRAMclaims.com. (Also by phone: 1-800-589-1425 (toll-free); or email: info@DRAMclaims.com) The settling defendants that manufactured DRAM are: Elpida, Hitachi, Hynix, Infineon, Micron, Mitsubishi, Mosel, Nanya, NEC, Samsung, Toshiba, and Winbond.  (MRN)

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