Romance, Historical, Contemporary, Paranormal, Young Adult, Book reviews, industry news, and commentary from a reader's point of view

DeBeers Gives Back, Just in Time for Valentine’s Day

DeBeers settled the class action suit against it for a reported $295 million to be repaid to wholesalers, retailer and customers. If you bought a piece of diamond jewelry between January 1, 1994, and March 31, 2006, go fill out a claim form online. The amount of your refund depends upon how many people make a claim and how much the claim is made for.

Here’s how refund eligibility is figured:

Item Purchase Price Recognized Claim Percentage
Mixed Stones Jewelry Less than $200 6% of the retail price
Mixed Stones Jewelry $200 or more 14.5% of the retail price
Diamonds Only Jewelry Less than $200 10.5% of the retail price
Diamonds Only Jewelry $200 – $999 27.5% of the retail price
Diamonds Only Jewelry $1,000 – $5,499 32% of the retail price
Diamonds Only Jewelry $5,500 – $9,999 38.5% of the retail price
Diamonds Only Jewelry $10,000 or more 45% of the retail price
Loose Diamonds Any and all 59% of the retail price

Via Yahoo News.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

One Comment

  1. Julie
    Feb 01, 2008 @ 13:56:33

    Does this mean claim settlements are now a girl’s best friend? ;-)

    ReplyReply

Leave a Reply

Notify me of followup comments via e-mail. You can also subscribe without commenting.

%d bloggers like this: