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DeBeers settles lawsuit for $300 million

February 1, 2008 12:00:00 AM PST
If you bought any diamond jewelry in the past 10 years or so, you may have some money coming.DeBeers, the giant diamond supplier, has settled a series of class-action lawsuits that accused it of monopolizing the market. The settlement amount is nearly $300 million.

If you bought a DeBeers diamond Jan. 1994 and Mar. 2006, you may be entitled to a partial refund.

You can call (800) 760-5431 to obtain a claim form or fill one out online at www.diamondsclassaction.com.


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