Team Group $1.1 DRAM Memory Speed Class Action Settlement

Individuals who purchased a Team Group DDR-3, DDR-4 or DDR-5 DRAM computer memory product in the United States between May 3, 2020, and April 8, 2026, may qualify to submit a claim for a cash payment from a class action settlement.

Team Group Inc. agreed to pay $1.1 million to settle a class action lawsuit alleging it misled consumers about the advertised speeds of certain DDR-3, DDR-4 and DDR-5 DRAM products. The plaintiffs claimed Team Group’s product packaging and advertising led buyers to believe the memory would operate at the advertised speeds “out of the box” without requiring any additional configuration.

Who can file a no-proof claim?

Class members must meet the following criteria:

• They reside in the United States and purchased one or more Team Group DDR-3, DDR-4 or DDR-5 DRAM computer memory products.
• They made the purchase between May 3, 2020, and April 8, 2026.

How much are settlement payments?

• No proof of purchase pro rata cash payment: Class members can submit a claim for up to five products per household with no proof of purchase. The settlement administrator will determine the final payment amount by the total number of claims filed.
• Proof of purchase pro rata cash payment: Class members submitting a claim for more than five products per household must include proof of purchase. The settlement administrator will determine the final payment amount by the total number of claims filed.

How to claim a class action rebate

To receive a settlement payment, class members can file a claim online or print the PDF claim form to complete and mail to the settlement administrator.

Settlement administrator's mailing address: Griffin et al. v. Team Group Inc., c/o TGG Settlement Administrator, 1650 Arch St., Suite 2210, Philadelphia, PA 19103

The claim deadline is July 7, 2026.

Required proof

Class members claiming more than five products must include proof of purchase.

Payout options

• Virtual prepaid card
• PayPal
• Venmo
• Zelle
• Paper check mailed to the address provided

Settlement fund breakdown

The $1,100,000 settlement fund will include:

• Settlement administration costs: $200,000
• Attorneys' fees: Up to $366,666.67
• Attorneys' expenses: To be presented to the court for approval at a later date
• Service awards to class representatives: Up to $5,000 each
• Payments to approved claimants: Remaining settlement funds

Important dates

• Deadline to opt out: June 22, 2026
• Deadline to file a claim: July 7, 2026
• Fairness hearing: Sept. 3, 2026

When is the Team Group DRAM settlement payout date?

The settlement administrator will issue payments to approved claimants approximately 75 days after the court grants final approval of the settlement.

Why is there a class action settlement?

The class action lawsuit alleged Team Group Inc. misrepresented the speeds of certain DDR-3, DDR-4 and DDR-5 DRAM products, causing consumers to believe the products would perform at advertised speeds without any adjustments.

Team Group denies any wrongdoing but agreed to settle to avoid the risk and expense of continued litigation and a possible trial.

Sources

1. Settlement notice
2. Settlement website FAQ page
3. Claim form