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Update: De Beers Diamond Settlement Checks On the Way!
By Kimberly Mirando
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.
Updated June 7th, 2013
All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions
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202 thoughts onUpdate: De Beers Diamond Settlement Checks On the Way!
Got check and thought I might could take an extra Vacation, til I opened it, Claim $6000 Diamond only ring, Settlement check $123.67 about 2%! What a ripoff, the retailers should have to refund us their part of the Settlement also.
I received my check yesterday ($918.75). Took it to the bank to deposit it, and my bank put a 10 day hold on the funds. Per the bank – there is a flag in their system that the checks are not being funded (i.e. they are no good). Anyone else have that problem?
I filed 6 claims with the total over 40k, I received 400.00 when I did the math calculations from their chart- I should have received more zeros’- another class action claim where ONLY the attorneys win big! They use consumers as a bait to reel in THEIR big fish! Honestly- it’s time some savy law firm takes this group of thiefs down and force them to pay the consumers what they told the judge – instead , they mislead all of use – if anyone knows of a law firm they should consult them and lets all join together and get what was promised !
How do I change my address for the settlement
I got my check yesterday. I had 8K in large diamonds, not tiny ones. 4 diamonds total, so you know the size. My check was for 191.77. I believe they did their calculations on diamond size and whether the jewelry was all diamond or other stones in it.
After the total joke of the settlement for consumers, I will never purchase another diamond in my life and will tell everyone I know the bend over we all took.
During the time period covered, I happened to purchase quite a few diamonds. According to their payout description I should have received thousands. I claimed over $17,344 worth and received a check for a puny $328 after 5 1/2 years of waiting. What boggles my mind is this – if I overpaid the jewelry store when I bought them, why were they the first to get not only 1 but a 2nd reimbursement check? Seems they already got overpaid once when I overpaid them. Consumers get the shaft in class-actions suits. It is all about the lawyers.
MY CHECK CAME TODAY. CLAIM $3000. GOT $37.33 THANKFUL FOR THAT. JUST GLAD IT’S OVER.
Boy are we getting screwed with are pants up i filed my claim in 2007 filled out paper work according to their chart i purchased 10,000.00 in diamonds and was to recieve 2900.00 back just recieved my check what a joke its sad 177.04 wheres my interest after all these years oh but the best part is they paid the retail store on 5000.00 purchase 90% back something wrong with this picture
My settlement check on a 4K purchase is almost enough for a tank of gas. I am sure the lawyers made out a little better than that.