Diamonds are a girl's best friend

My dad showed me this information today and I wanted to share it with all of you -- because I know some [many] of you have diamonds.

There is currently a class action lawsuit pending against DeBeers.
Go to this website: http://www.diamondsclassaction.com/.

This is the basic info: This website provides information about a proposed settlement of class action lawsuits concerning the price of diamonds and diamond jewelry. The proposed settlement is currently pending in the U.S. District Court for the District of New Jersey. The defendants are certain companies within the De Beers Group. The class actions are brought on behalf of persons and businesses who purchased loose gem diamonds or jewelry or other products containing gem diamonds in the United States. The Court has conditionally certified two classes, or groups, of diamond buyers: the Direct Purchaser Class and the Indirect Purchaser Class. Members of the Direct Purchaser Class purchased from De Beers or De Beers' Diamond Mining competitors while members of the Indirect Purchaser Class purchased from someone OTHER THAN De Beers or De Beers' Diamond Mining Competitors. The Indirect Purchaser Class is divided into two subclasses: Consumers and Resellers. Select the links below to obtain detailed information about each Class.

Consumers: All persons located in the United States who purchased any diamond or diamond jewelry or other products containing gem diamonds for personal use and not for resale between January 1, 1994 and March 31, 2006. For example, Consumers include people who purchased diamond jewelry to wear or to give as a gift.

I think basically what you need to file a claim is your original receipt from the purchase of your diamonds. I haven't read all the info, but I wanted to share.

This link is for an article from the Chicago Tribune about the lawsuit and settlement. It's the real thing.

1 comment:

  1. I just watched Blood Diamond last night. And I noticed De Beers name on the door of the place, buying diamonds from messed up places in Africa.

    Makes me sick. :(