Mar 30 2008
Diamond class action lawsuit
Have you bought a diamond in a while?
I did. I bought my wife’s ring from Amazon a few years ago. What about you? If so, there may be some money sitting on the table for you from the class action suit.
De Beers class action lawsuit
It turns out that there is a major class-action lawsuit going on against diamond supplier De Beers for allegedly violating federal antitrust laws. The suit is still pending final court approval, but if it is approved U.S. residents who purchased a diamond between January 1, 1994 and March 31, 2006 would receive a pro-rated amount of the $295 million settlement.
These are a few of the notes I found on the claim submission website:
Please be advised that if your pro rata share of the Settlement Fund is a payment of less than $10.00, no check will be sent to you as a result of prohibitive administrative [...]
Original post by bob