Micron has agreed to a settlement with Oracle in a dispute over whether prices for its DRAM components were artificially inflated.
Micron did not report the terms of the settlement but did disclose that it would be taking a charge of $58m relating to the case.
In the suit, Oracle alleged that Micron had conspired with four other companies to artificially inflate the market prices it charged Sun Microsystems for DRAM between 1998 and 2002.
Micron had been among 34 firms named in a 2006 suit. Dozens of US attorney generals had accused the DRAM manufacturing industry of price-fixing.
Micron has taken the hit in its last fiscal quarter, making already poor results look even worse. The company recorded a loss of $282m over the second quarter of its 2012 fiscal year.
Previously, the company had blamed a drop in prices for driving down revenues.
Micron has fallen on tough times as of late. In February the company lost chief executive Steve Appleton in a sudden plane crash. Chief operating officer Mark Durcan was eventually named to take over the position.
Later in the month, the company was connected to a possible merger with Elpida which would have resulted in the second-largest memory vendor on the planet.
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