Original story

You may be owed a cut of a $295 million class-action settlement for gems purchased as long ago as 1994. Here's how figure out whether you're eligible and how to make a claim.

Here's how refund eligibility is figured: Purchase price Maximum claim
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 to $999
27.5% of the retail price

Diamonds-only jewelry
$1,000 to $5,499
32% of the retail price

Diamonds-only jewelry
$5,500 to $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

 

Yup, spent $11,000.00 on a 2 ct. diamond solitaire, 3.5 TCW wedding set for the ex wife. Should have bought a turbo instead.....

 

ouch.

 

damn, I did but I don't have the ring anymore. or the reciept.

 

damn its only til 2006. I bought mine last Oct.

 

Finally a class action lawsuit where I can say in all earnesty,

Lawyers: 1
DeBeers: 0




LAWYERS FTMFGDW!!! Way to stick it to the diamond industry!

I'm happy lawyers will be getting 1/3 of it.


Diamonds FTL... if you heat up a diamond and a cubic zirconia, the diamond will vaporize into CO2 but the CZ is forever

 

I'll be submitting my claim tonight. I only spent $3k on my wifes ring. Hope to get $20 for a lap dance!

 

Thanks for the info!!!

 

Now there's a good use for that refund.