About the diamond settlement
Under a proposed settlement of class-action lawsuits against the De Beers diamond company, consumers who bought diamonds between Jan. 1, 1994 and March 31, 2006, can apply for rebates.
Who's eligible: Anyone who bought diamonds or diamond jewelry in the U.S. during the covered period.
Refunds: Payments could range from 6 percent to 59 percent of the retail price, depending on the value and type of jewelry. For example, diamond rings priced from $1,000 to $5,499 are eligible for a maximum 32 percent refund.
Signing up: Details of the settlement and online claim forms are available at www.diamondsclassaction.com.
What's the catch? The total value of the settlement is $295 million, so the more consumers who make claims, the smaller each individual rebate will be.
Source: Chicago Tribune
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