Bought a Diamond Engagement Ring? Get a Refund!
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Did you buy a diamond engagement ring, or any other piece of diamond jewelery in the 10+ years preceeding March, 2006?
Well DeBeers (the diamond conglomerate) has settled a lawsuit (in which alleged they cornered the diamond market), and have now set aside $135 million for regular consumers as part of the lawsuit.
How much can you get? Well, if you purchased a ring or other jewelery with a purchase price between $1000 and $5499, you could be eligible for up to a 32% refund. But, it really depends on how many people sign up for the settlement, which will likely be in the hundreds of thousands or more. But, even if it is a small amount, its free money.
The time period for purchases by regular consumers like you and me, called the Consumers Subclass, is January 1, 1994, through March 31, 2006. Sign-up or get more information on this settlement website. Don’t wait too long, the deadline is May 19, 2008.
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[…] 1st, 1994 and March 31st, 2006, you are eligible to sign up as part of the settlement for the diamond class action lawsuit settlement from Debeers. The deadline to be eligible for part of the settlement, whatever it may be, is May 19, 2008. The […]