6 DRAM Makers Settle Price-Fixing Claims For $173M

Law360, New York (June 24, 2010, 4:50 PM EDT) -- Six makers of dynamic random access memory chips, including Micron Technology Inc. and NEC Electronics America Inc., have reached a $173 million settlement with indirect purchaser plaintiffs, including 33 state attorneys general, to resolve price-fixing claims.

Several attorneys general and attorneys for the private plaintiffs issued statements Thursday announcing the deal, which settles not only eight-year-long multidistrict litigation pending in the U.S. District Court for the Northern District of California, but also numerous state court actions around the country.

The defendants involved in the settlement are...
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