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. Bob says:

    Shame the comments have stopped … Probably what Sullivan, et. al. expected … Does anyone know how a full disclosure of the practices of this lawsuit can be had? … Do we all simply give in to the unethical status quo that envelopes the legal profession in our U.S.? I think Sullivan, et. al. bets their souls that we do.

  2. Bob says:

    Shame the comments have stopped … Probably what Sullivan, et. al. expected … Does anyone know how a full disclosure of the practices of this lawsuit can be had? … Do we all simply give in to the unethical status quo that envelopes the legal profession in our U.S.? I think Sullivan, et. al. bets their souls that we do.

  3. Bob says:

    Shame the comments have stopped … Probably what Sullivan, et. al. expected … Does anyone know how a full disclosure of the practices of this lawsuit can be had? … Do we all simply give in to the unethical status quo that envelopes the legal profession in our U.S.? I think Sullivan, et. al. bets their souls that we do.

  4. Bob says:

    Shame the comments have stopped … Probably what Sullivan, et. al. expected … Does anyone know how a full disclosure of the practices of this lawsuit can be had? … Do we all simply give in to the unethical status quo that envelopes the legal profession in our U.S.? I think Sullivan, et. al. bets their souls that we do.

  5. lavon t rogers says:

    I file two times I have not received anything

  6. Laura says:

    My bank released the funds today :)

  7. Laura says:

    To: #183 leftworkearly
    I experienced the same thing at my bank, and they told me what your bank told you. My 9 day hold is up tomorrow…

  8. Lisa K says:

    I received a check in the mail today as well… I went a head and called Huntington Bank to verify that this check was legit and that funds are actually in that account that they check was cut from. The teller I spoke with seemed like she has had allot of calls on this… but did verify that my check was legit and the funds are in the account to cover my check. Anyways, thought I would share to give ease to the ones who are concerned.

  9. leftworkearly says:

    received my $715 check today.. went to Bank of America to cash it. A message appeared on the teller’s screen that said the check would likely be returned unpaid. I had to deposit it instead with a 9 day hold….WTF?????????

    anyone else have this happen to them?

  10. JH from TX says:

    Was on hold for 10 minutes then got transferred to a voicemail box, and I left a lengthy message that I need assistance. I’m pretty sure my next step will be the office of the attorney general for the state of texas….

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