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VIEW ACTIVE CLASS ACTIONS

DRAM (Dynamic Random Access Memory)

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YOU PAID TOO MUCH!

Get your money back at themoneyismine.ca

WHAT IS THE CLASS ACTION ALL ABOUT?

  • DRAM (dynamic random access memory) manufacturers are alleged to have fixed prices between April 1, 1999, and June 30, 2002, inflating prices paid by Canadian consumers and Canadian entities, like businesses. The companies involved are Elpida, Micron, Nanya, NEC, Hitachi, Samsung, Hynix, Infineon, Mitsubishi, Toshiba and Winbond.
  • Many class action lawsuits were settled out of court: close to $80 million in settlement funds were obtained for the benefit of all Canadians and Canadian entities who bought electronics between April 1, 1999, and June 30, 2002.

WHO IS LEADING THE CLASS ACTION?

WHO WILL BENEFIT FROM IT?

  • Canadians and Canadian entities who bought DRAM or electronic devices with DRAM between April 1, 1999, and June 30, 2002 will benefit. Canadians 18 and older can fill out a form to request money. Households must file as a unit.

WHEN WILL THEY GET THEIR MONEY?

The claims period ended on June 23, 2015. The lawyers and the claims administrator have been working hard since then to process the over 1 million claims that were received.

$20 Claims

Over 880,000 claims for the $20 simplified benefit have now been approved and cheques will be mailed out to those claimants in December.

The claims administrator has already sent emails to everyone whose simplified claim was approved. If you received an email saying that your simplified claim has been approved, your cheque will be mailed before the end of 2015.

The claims administrator has also sent emails to some people whose claims were not approved, or who needed to send more information. If you have sent more information to the claims administrator but not received a second email saying your claim is approved, you are still eligible but your cheque will not be mailed this year. There will be another email from the claims administrator with more information.

If you did not send in more information when asked, or if you received an email saying that your claim had not been approved, you will not be receiving any money.

All Other Claims (Standard Claims)

All other claims (Standard Claims) will be sent a decision notice before the end of this year. The decision notice will tell you whether your claim was approved, and how much money you will be receiving. If you filed online, your notice will be sent by email. Cheques will be mailed to these claimants early in February 2016.

FOR MORE INFORMATION

Visit: themoneyismine.ca

Call Toll-free: 1-866-855-5586

Read the Short Notice or the Long Notice

OR

Contact Linnae Roach, Paralegal, at 604-331-9523, or email lroach@cfmlawyers.ca.




DRAM (Dynamic Random Access Memory) - Status Updates:

December 21, 2015

DRAM UPDATE: Most $20 claims to be paid this month - View

February 22, 2015

DRAM Class Action: Collect Money Owed to You - View

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