Feb
01
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.
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Does this mean claim settlements are now a girl’s best friend? ;-)