Suspension assemblies are one of the critical components in a hard drive, as they move the read-write head (the tip of the "needle" you see in hard drive internals), and must be spectacularly precise in both manufacturing and functionality, especially considering the magnetic density of contemporary hard drive platters. It's rather mesmerizing to watch them at work .
The price-fixing scheme allegedly ran from January 2003 to December 31, 2016, raising hard drive manufacturing prices, which were then passed on to customers. As with most class-action lawsuits, end users have the option to drop from the class action and pursue separate legal action against the suspension makers, or stay in it and hope for a cheque at the end of the proceedings. There's a dedicated website for anyone who wants to opt out, an action that can be taken until August 23, 2026.
Follow Tom's Hardware on Google News , or add us as a preferred source , to get our latest news, analysis, & reviews in your feeds.
Get Tom's Hardware's best news and in-depth reviews, straight to your inbox.
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/pc-components/hdds/SPONSORED_LINK_URL
- https://www.tomshardware.com/pc-components/hdds/class-action-price-fixing-lawsuit-targets-hard-drive-component-makers-as-costs-skyrocket-13-year-scheme-allegedly-drove-up-prices-for-major-hdd-brands#main
- https://www.tomshardware.com
- NVIDIA CEO Jensen Huang at Dell Technologies World: ‘Demand Is Going Parabolic, Utterly Parabolic’
- NVIDIA CEO Jensen Huang at Dell Technologies World: ‘Demand Is Going Parabolic, Utterly Parabolic’
- Class-action price-fixing lawsuit targets hard drive component makers as costs skyrocket — 13-year scheme allegedly drove up prices for major HDD brands
- Save up to $300 on a new 3D printer right now, thanks to these Memorial Day discounts — filament and resin 3DP deals from Bambu Lab, Elegoo, Creality, and more
- Pick up an $1100 discount on this RTX 5080-powered HP Omen Max gaming laptop — 32GB of DDR5 RAM and powerful Intel 275HX CPU help to crush the competition in-ga
Informational only. No financial advice. Do your own research.