DRAM owners can claim a minimum refund of $10 in epic $310 million settlement

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goobee

Platinum Member
Aug 3, 2001
2,005
10
81
goobee.org
Ram pricing has been insane for many years now. Up and down, mostly up.

I realize in the early days it was costlier to manufacture the stuff but with economies of scale in the industry now, costs should have flatten.
 

chinnboy

Member
Dec 15, 2001
35
0
0
The proof of claim form refers to a class called "small claims". It seems to be based on the points or whatever calculated in Table 1. But I can't readily find what point level pertains to "small claims". Anyone come across that anywhere?
 

KingFatty

Diamond Member
Dec 29, 2010
3,034
1
81
Is there any negative side to applying for this?

These guys sent me tons of form letters over the years so they must think I'm eligible. I'm pretty sure I bought DRAM from Crucial around that time, which must be where they got my name.

I think the issue is that the more people who apply, the likelier they are to meet the threshold where nobody gets paid. So it's interesting, whether enough people will apply to try to get the payout, where nobody does? But if just a handful of people apply, they all get paid? I can't recall the details, but it stuck in my mind that the fewer people who apply, the better off for them, but the more people who hear about this and apply, are likely to jump onboard and sink the entire ship. Pretty clever trick; I imagine the lawyers set it up this way to avoid having to pay everyone who decides to jump onboard if this blows up due to there being no need to submit proof? And if it's not too popular, then they won't have to pay too much and are happy to pay any submissions without requiring proof, because there just aren't that many submissions. But I may be misunderstanding it, maybe someone else can clarify what the terms of payout are and how they change depending on how many people submit a claim.
 

Cerb

Elite Member
Aug 26, 2000
17,484
33
86
$120. Not bad, I guess. Should've become a lawyer! They made the real money.
 

Sheep221

Golden Member
Oct 28, 2012
1,843
27
81
$120. Not bad, I guess. Should've become a lawyer! They made the real money.
Only civil advocates(sometimes called civil attorneys) are lawyers that do make good money out of ridiculous lawsuits. Not every lawyer however works as an advocate and has own advocate's office. Lawyers working in criminal law as well as lawyers working in administration and for state authorities earn way less, probably just what similar office job in banking/insurance/accounting would pay.
 

Mike64

Platinum Member
Apr 22, 2011
2,108
101
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$120. Not bad, I guess. Should've become a lawyer!
Maybe. But if you're going to fantasize, you probably should've become a CEO of a major tech corporation. Then you could have made even more money, without actually having to have achieved what you claimed you were going to when you got the job in the first place.:D

They made the real money.
They also did quite a lot of "real" work. It's not exactly as though one files a piece of paper with a court and then contrite defendants line up a week later, checkbooks in hand... Sure, the successful ones make big bucks, but then, by the standard American definition, anyone who's "top tier successful" at anything has basically convinced someone to pay them a disproportionately large amount of money for no real reason for whatever work it is that they've actually done.
 
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vasdrakken

Member
Apr 29, 2004
33
0
0
www.vasdrakken.com
Something to think about is that one you have to make sure there are no hurt feelings in case they decide they don't like you. Two the ram in this case was from late ninty's to early two thousands, it is twenty sixteen, that is twenty years of work... How much money did you make in the last twenty years of work? Sure most of them are working multiple cases at once but you read about some cases where they rip off everyone but I don't think that was the case on this one. I still have to figure out where they sent my check as I moved a couple times after they contacted me.