Tag Archives: settlement

DRAM claims settlement checks mailed!

DRAM Claims Check

The DRAM class action lawsuit and subsequent settlement has finally borne fruit for claimants.  Checks were mailed earlier this week and recipients can look for them in their snail-mail-box any time now. Here is a scan of the check I received:   History of the DRAM lawsuit As you may recall, this lawsuit was the result of (alleged) price fixing by DRAM companies. This was a pretty big deal as the settlement ended up being $310 million. A wide variety of products

Lump sum payout versus annuity payments

While visiting John in STL recently, his girlfriend regaled with me a tale of a man (we’ll call Fred) who received a large settlement from his wife when they divorced. Fred then proceeded to move to Thailand (a lifelong dream of his) where he started a resort and began construction on a mini-mansion. Unfortunately he ran out of money shortly afterwards and is apparently now destitute These types of stories, with variations, are surprisingly common: someone wins the lottery and