In re Dynamic Random Access Memory (Dram) Antitrust Litigation
Published: Feb. 8, 2014 | Result Date: Jan. 17, 2014 | Filing Date: Jan. 1, 1900 |Case number: 4:02-md-01486-PJH Settlement – $310,720,000
Court
USDC Northern
Attorneys
Plaintiff
Terry Gross
(Gross & Belsky PC)
Daniel C. Hedlund
(Gustafson Gluek PLLC)
Kathleen E. Foote
(Office of the Attorney General)
Daniel E. Gustafson
(Gustafson Gluek PLLC)
Daniel J. Mogin
(MoginRubin LLP)
Defendant
Robert E. Freitas
(Freitas & Weinberg LLP)
Catherine Y. Lui
(Orrick, Herrington & Sutcliffe LLP)
David C. Brownstein
(Farmer, Brownstein, Jaeger, Goldstein, Klein & Siegel LLP)
Belinda S. Lee
(Latham & Watkins LLP)
Howard M. Ullman
(Dechert LLP)
Michael F. Tubach
(O'Melveny & Myers LLP)
Facts
Plaintiffs filed a class action against various defendants, based on allegations that they engaged in antitrust violations in connection with the sale of DRAM, a type of memory that is commonly used in personal computers.
Contentions
PLAINTIFF'S CONTENTIONS:
Plaintiffs accused defendants of engaging in price fixing, market allocation, and bid rigging in connection with the manufacture and sale of DRAM.
DEFENDANT'S CONTENTIONS:
Defendants denied plaintiffs' allegations.
Result
The parties settled for $310,720,000. Each defendant's contribution to the Settlement Fund is as follows: Elpida $4,259,948; Hitachi $5,600,000; Hynix $49,971,842; Infineon $29,113,776; Micron $66,774,984; Mitsubishi $5,600,000; Mosel $2,848,900; Nanya $3,823,200; NEC $20,277,350; Samsung $113,000,000; Toshiba; $7,450,000; Winbond $2,000,000, for a total of $310,720,000.
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390