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| DeBeers Diamond Class Action Lawsuit Settlement |
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| Friday, 25 April 2008 21:51 | |||
Updated 10/16/09- National Jeweler Network states thatpayments may go out in the Spring. The case and challenges are due to be reviewed by the Court in January. Read more about it here.
Updated 6/30/09 - The Jewelers Vigilance Committee issued a statement and filed a brief supporting the settlement.No ETA on when/if it will be paid out...
We're sorry! This settlement is CLOSED! No more submissions are allowed. Please join the Top Class Actions Newsletter list so you don't miss out next time and head over to the OPEN SETTLEMENTS section to see what's available!
Company: DeBeers
Website Link to access the Class Action Lawsuit Settlement and get YOUR Stake: Settlement Administrator
Address to submit paper claim: Diamonds Settlement Administrator
Phone Number for Assistance: 1-800-760-5431 or if you are calling from overseas (612)-359-2002
Details: If you purchased Diamonds or Diamond jewelry from 1/1994 - 3/31/06 you're eligible for a claim. The amounts vary as to what to expect, you can find what you MAY receive at the notice page. THE AMOUNT COULD BE THOUSANDS. Proof required for claims of more then $10,000 per item.
Purchased From: January 1, 1994 to March 31, 2006
Claims Accepted Until (YOU MUST SUBMIT YOUR CLAIM BY THIS DATE!): May, 19th, 2008
Class Action Lawsuit Settlement Amount(s): $135,432,500 for Consumers, $137,067,500 for Dealers/Jewelers, $22,500,000 to Diamond Brokers
TCA Staff Tidbit: This is the current BIG daddy of consumer lawsuits. Please note, you don't have to mail in ANY proof of purchase unless you're claiming your diamond jewelry is worth or purchased more then $10,000. I (Scott) submitted an appraisal of my wife's engagement and wedding rings along with the claims for the the replacement wedding ring. I should receive thousands. How much are YOU eligible for? Check out the link under the details section. Don't expect a check for a few more months, but expect payment some time in the third quarter. Don't miss out on this one!
LEGAL INFORMATION IS NOT LEGAL ADVICE This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice - the application of law to an individual's specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at TopClassActions.com by staff or others as personal opinion only and NOT the advice of a lawyer. TopClassActions.com Legal Statement
©2008 Top Class Actions® LLC
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| Last Updated on Tuesday, 15 December 2009 13:57 |
There has been no update to the administrator's website in months.
Is this going forward or did it fall in a black hole?
Has anyone heard anything?Anyone heard how long the delay will be?
So far I've heard "first part of 2009".
Howdy David and Jack!
Actually, the settlement is being challenged by a number of attorneys trying to get in on the action. I personally submitted a claim as well and am waiting for what should be a significant payout. I hope it's resolved soon, but it could be months or longer before it is finally settled and the judge approves distribution.
Thanks for coming to Top Class Actions! Sign up for the newsletter for updates on this and other settlements!
Warm Regards,
Scott
President and CEO of Top Class Actions LLC
Has Anyone been paid yat? If so please respond here!
Myself I should Legitimitly collect some good $! I do have all reciepts. Over 23K worth.



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