Thank you for sharing!

Your article was successfully shared with the contacts you provided.
An upcoming trial against a maker of data storage software was called off this week following a settlement with the company’s U.S. subsidiary. The latest in a string of settlements, it concludes a big antitrust class action that direct consumers had brought against companies that manufacture dynamic random access memory, or DRAM. Lawyers familiar with the settlements say they total about $315 million. On Thursday, U.S. District Judge Phyllis Hamilton issued minutes confirming that the plaintiffs reached a settlement with the last remaining defendant, the American subsidiary of Taiwan’s Nanya Technology Corp. Other defendants that have already settled out of the case include Samsung, Infineon and Hynix, according to DramAntitrustSettlement.com, a Web site run by plaintiff lawyers in the case. Federal investigators launched a probe into an alleged price-fixing conspiracy among DRAM chip makers in 2002. That investigation led to a dozen guilty pleas and more than $730 million in collective fines � and prompted civil litigators to pounce. With the direct consumer suits already under way, last summer former state Attorney General Bill Lockyer sued seven companies, including Nanya. Consumers who indirectly purchased DRAM software also pursued separate litigation in federal court. The direct consumer litigation, In re DRAM Antitrust Litigation, 02-1486, had been set to go to trial next month. Details of the Nanya settlement are expected to be filed in federal court within 10 days.

This content has been archived.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 Advance® 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]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.