SAN FRANCISCO — Plaintiffs in a multidistrict antitrust class action against a slew of computer chip manufacturers have agreed to settle for just under $77 million, three years after the Justice Department closed without charges a criminal antitrust probe into the SRAM memory market.

In July, Oakland U.S. District Judge Claudia Wilken approved a $37 million settlement with seven defendants. And late Friday, lead plaintiffs firm Burlingame’s Cotchett, Pitre & McCarthy filed its proposed settlement deal with the remaining chip makers in the suit — Samsung Electronics and Cypress Semiconductor Corp. — for $39.5 million.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]