If you happened to purchase a diamond between January 1, 1994, and March 31, 2006, you may be eligible for a small portion of the $295 million settlement with DeBeers. The settlement is part of an agreement entered in to by DeBeers for anticompetitive practices while not directly admitting to any wrong doing.

While some are claiming that you could get several hundred dollars for as small of a purchase as $2,000, it simply does not add up for me, especially once the lawyers get their share.

At any rate, if you would like to be a part of the class action lawsuit, all you need to do is fill out a claim form before March 19, 2008. If you want a shot at getting a few dollars from DeBeers head over to the Settlement Website and fill out the form there. If you have any questions or need assistance just call us here at the store.

This entry was posted on Tuesday, February 26th, 2008 at 1:19 pm and is filed under Diamond News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.