Canadian DRAM Class Action

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How every single Canadian can get a free $20, no questions asked
All you have to do is head online to The Money is Mine and fill out a simple form. ...

You (individuals, businesses and governmental entities) can get money from the settlements if you bought DRAM or electronic devices containing DRAM

DRAM Class Action Lawsuit Settlement – How to Claim Your Money?

There are lots of things we would do with an extra 20 bucks. Break up the brown-baggin’ life and buy ourselves a fancy takeout lunch this week. Buy ourselves a swanky new top (on sale, naturally), or pay back some of those loans, perhaps?

The more we think about it, the more we believe we could stretch that amount of cash to our advantage. But with everyone leading such busy lives, who actually wants to go out of their way for $20? Here’s the good news: you don’t have to.

If you’re Canadian and you bought certain electronic devices between April 1, 1999 and June 30, 2002, you too qualify for $20 simply by asking for it.

So … what’s the catch?

This all goes back to a class action lawsuit against some DRAM (dynamic random-access memory) manufacturers like Hitachi, Samsung, Toshiba and more. According to the suit, some of these manufacturers agreed to fix the price of the memory in their products, resulting in some Canadians overpaying for their purchases. In total, a group of plaintiffs have successfully settled on a total of $79,470,000.00 from 11 different manufacturers. The courts have since decided on all of the lawyer fees and now it’s time to pay out to any Canadians who were affected.

So how do you know you’re affected?

It’s pretty simple. Did you buy a laptop? Desktop computer? How about a printer, DVD player, PVR, a digital video recorder, a video game console or an MP3 player? Then you qualify for $20 bucks. Basically most electronic devices qualify. All you have to do is head online to The Money is Mine and fill out a simple form. No receipt needed.

We’ve done it, and it takes less than a minute to fill out the form. Once you’re done, they even ask if you want to share the offer with your friends on Facebook or Twitter.

If you want to claim more than one item, that’s when you’re going to need a receipt. And if you have more than one person living in your household who purchased an electronic item between that time frame, you’re going to have to go Dutch and split the cash among yourselves.

Still, it’s not a bad deal considering how little work the site says is involved. And by the time you actually get the money (the payout on these types of things usually occurs about a year after the deadline), you’ll have probably forgotten all about it in the first place. Now there’s a great little pick-me-up to get in the mail months down the road.

Ready to claim your cash? Better hurry up. The deadline for all applications is June 23, 2015. After that the offer is — as they say — null and void.

DRAM Class Action Lawsuit Settlement – How to Claim Your Money?


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