Sarah Mirando  |  May 24, 2012

Category: Legal News

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Update: De Beers Diamond Settlement Checks On the Way!

By Kimberly Mirando

 


 
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. 

 

 

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Updated June 7th, 2013

 

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202 thoughts onUpdate: De Beers Diamond Settlement Checks On the Way!

  1. A-G says:

    Received a check yesterday on this long forgotten action and had to research along the “is this a scam” angle. OK, it is not. Let me provide a Reality Check to interpreting the check you received. Buying a “normal” collegeguy-can-about-afford-it ring at $ 5,300 almost a decade ago netted me $ 85. That will at least pay some into a nice anniversary dinner I guess.

  2. Carol W says:

    I received my check today for $583. on 25k-30k worth of diamonds bought. I had forgotten about it so I’m happy with it.

  3. Lynn L. Sowinski says:

    I received my check yesterday for $138.82. Not a windfall, but better than nothing. It would be better to be a retailer. They charged the customer for the increase and then got more money back from the settlement. Not a bad deal.

  4. honny bobo says:

    $4200. im a happy camper

  5. Deborah Brinks says:

    I have moved since I filed my claim…WHO do I notify to have my address updated??

  6. EJ says:

    I dont remember filing a claim, got a check today for $249.10 from Huntington Bank. Check from Diamonds Claim Administrator; is this legit?

  7. Scott Hardy says:

    Got my check today. $500 and change on almost $30K in diamond purchases (sent in appraisal documentation.) As you may know I’m in Phoenix, AZ. A lot less than hoped for, but, free money is GOOD! :)

  8. Ulev says:

    Just rec’d a check for $ 1K for $45K in diamond purchases….
    This a JOKE ! The retailers rec’d thousands, the lawyers millions, and the consumer….
    Gets the crumbs, this is the “land of the brave”…

  9. Mandi says:

    I received a check for $57, and I or my husband never “submitted” a claim!! So why we’re we sent a check ?? Is this a scam????

  10. Cindy says:

    Received my check today. Ain’t sad or happy and at this point just glad it’s over with. $1,855.44 submitted over $100 k of mostly large diamonds. Ya’ll take care and enjoy your money.

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