Tuesday, March 18, 2014

You Probably Qualify For Free Money: $310M Computer Memory Settlement

$310 million DRAM price fixing settlement could get you $10 - or much, much more

From PC Magazine article by Jared Newman 


"If you bought a computer or other device that uses DRAM around the turn of the century, you could be eligible for a payout as part of a price fixing settlement.
The settlement is the result of class action and attorneys general lawsuits against a dozen DRAM manufacturers, including Samsung, Toshiba, Hynix and Hitachi. In total, the manufacturers have agreed to pay out $310 million in a nationwide settlement, and roughly $200 million of that money will go to consumers and businesses who were affected."
The full PC Magazine article is available HERE.
This one's a no-brainer.  If you bought any kind of computer (or related) equipment between 1/1/98 and 12/31/02, you qualify for at least the minimum settlement, which will vary depending on how many people place claims and how much stuff you bought.  BTW, you are not expected to have receipts or even have the equipment any more.  Don't remember the exact brand of the stuff you bought?  No problem; you only have to state how many of them.
In my own case, I was quite the techno-geek at the time.  The claim process took me under 5 minutes to place my claim for 2 computers, 2 printers, 1 memory module, 2 aftermarket graphics cards, 1 video game console, and 1 PDA.  I'm pretty confident I'll see some money, but not anytime soon.  Claims will be accepted until 8/1/14.
Place YOUR claim by clicking HERE, and may the odds be ever in your favor!

5 comments:

  1. Thanks Bob, I figured out that I bought a lot of stuff between those years...I love computers and gadgets and bought a lot of stuff because my kids were grown and I could afford to appease my passion. Thanks for sharing this.

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    1. You're more than welcome...BTW, you'd be helping me greatly if you shared my FB post about this blog edition. I'm trying to build up some regular readership.

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    2. Thanks bunches of daisies, Bob! I qualify and whenever the money arrives will be exactly the right time! i will be sharing your post too! peace, love, and all that jazzzzzzz joey

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  2. In 2001-2002 I had my own computer repair shop and bought hundreds of computers and fixed even more for clients and purchased so much ram it is unreal.
    It sure would be nnice to get back some loot for that f??cked up computer crap I got stuck with... thanks BOB Scottnot out Don't forget to vote for me in 2016 www.Scottnot.com

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  3. Thanks Joey, and Scott: I really think that you should talk this over with a lawyer. The form I linked to is meant for the average home user...There's a pretty good chance that you could qualify for a LOT more money.

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