Update: De Beers Diamond Settlement Checks On the Way!

 

Finally, some good news for Class Members of the De Beers diamond class action lawsuit settlement: On May 21, the U.S. Supreme Court denied the final petition for review. Shortly after, the Claims Administrator announced it is conducting final claim audits and will distribute the class action settlement funds within the next few months.

We reported last month that the U.S. Supreme Court received a second petition for judicial review by a member of the Indirect Purchaser Class, which could have delayed the payment of claims for an undefined period of time.

Luckily, the Supreme Court did not take long making its decision, and it looks like Class Members will finally get paid after years of delays caused by challenges and appeals.

We’ll keep you notified as soon as we learn when Class Members can expect their settlement checks to arrive from the De Beers diamond class action lawsuit settlement.

A special thanks to Top Class Actions reader “Nico,” who alerted us to the update to the Settlement Administrator’s website, DiamondsClassAction.com.