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De Beers Diamond Class Action Lawsuit Settlement Approved
By Scott Hardy
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The De Beers diamond class action lawsuit has been hotly contested and delayed by challenges, appeals and extensive litigation but it has finally been approved. We received word about this, not from the attorneys working the case, but from Top Class Actions viewer Mary S. who noticed the change on the Settlement Administrator’s website. Remember, you the viewer, help make Top Class Actions what it is by your comments on our lawsuit pages, the claims you submit to settlement administrators, and the lawsuit information you submit to us.Â
Item |
 Purchase Price |
Recognized Claim Percentage |
|
Mixed Stones Jewelry
Mixed Stones Jewelry
Diamonds Only Jewelry
Diamonds Only Jewelry
Diamonds Only Jewelry
Diamonds Only Jewelry
Diamonds Only Jewelry
Loose Diamonds
|
Less than $200
$200 or more
Less than $200
$200 – $999
$1,000 – $5,499
$5,500 – $9,999
$10,000 or more
Any and AllÂ
|
6% of the retail price
14.5% of the retail price
10.5% of the retail price
27.5% of the retail price
32% of the retail price
38.5% of the retail price
45% of the retail price
59% of the retail price  |
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Updated December 22nd, 2011
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Top Class Actions Legal Statement
64 thoughts onDe Beers Diamond Class Action Lawsuit Settlement Approved
I’m expecting to get back about $10,000. Fortunately, my husband did well with his business and I accumulated some very nice jewelry. However, since our current president has been president, small business (as well as others) have taken a beating. We’re fighting to keep our home. So, like you a lot of you, we could use the money.
I called today and was informed that they sent out some forms to some of the consumer group(Not everyone will get this) and they are due in by 8-24-1012. Once recieved and processed they will send out the checks…. Ya ok.e
WHEN WILL I GET PAYED,RECEIVE A CHECK?
I received a notice back from the e-mail that they updated my address. Who knows when I will see a check though!
I submitted a claim in Jan 2008 and received the notification back. I have never heard from anyone since. Should I have received anything in the way of an update from anyone or is no communication common place?
Anyone found a way to CALL the 800-760-5431 and get a way to TALK to someone to change the address? Sounds like its fully automated and not even updated to the latest information… Did anyone get a confirmation of an address change when they mailed to the PO Box or e-mailed Administrator@diamondsclassaction.com? Also, how were people notified of the approval/request for more information? E-mail? Mail? Phone call?
Resellers will probably be first to receive checks. I sure do need mine. My car needs repair badly. Can’t afford another car. Gotta work to make ends meet, barely. Hope we hear soon when we can expect checks. Good luck everybody!
Has anyone heard (for real) that any checks have gone out? I heard resellers would receive check first.
Yippee! At last!
I’ve been dying for that Big Mac! Now I can afford it!!
It’s the least I could get for my $12,000 in spending for diamonds! I just happened to be in a jewelry buying mood during the right time frame. Who knew it would pay out!
(yah! sure!)
On May 21, 2012, the U.S. Supreme Court denied the final petition for review. The claims administrator is conducting final claim audits, and distribution of settlement funds should take place within the next few months. Please visit the website periodically for any further updates.