Tag Archives: settlement

DRAM claims settlement checks mailed!

The DRAM class action lawsuit and subsequent settlement has finally borne fruit for claimants. Ā Checks were mailed earlier this week and recipients can look for them in theirĀ snail-mail-box any time now. Here is a scan of the checkĀ 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 šŸ™ These types of stories, with variations, are surprisingly common: someone wins the lottery