Samsung settles alleged price fixing class action relating to DRAM

Antitrust CasesSamsung Semiconductor Inc., Samsung Electronics America, Inc. and Samsung Electronics Canada Inc. (“Samsung”) and Hynix Semiconductor Inc., Hynix Semiconductor America Inc. and Hynix Semiconductor Manufacturing America, Inc. (“Hynix”) agreed to pay CAD$22,600,000 and CAD$15,600,000 to settle an alleged price fixing scheme for dynamic random access memory (DRAM) products.

DRAM is a type of memory commonly used in computers and communication devices.

The settlements still must be approved by the three courts to become effective.  Residents of Canada or the United States at the time of purchase and/or at the time of notice, who purchased DRAM or products which contained DRAM in Canada between April 1, 1999 and June 30, 2002 are settlement class members.

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.


Share on facebook
Share on twitter
Share on google
Share on linkedin

Legal Disclaimer

The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.