Today Is The Last Day To Join The DeBeers Diamond Class-Action Settlement

If you bought a diamond between January 1, 1994 and March 31, 2006, today is the last day to join the DeBeers class action settlement. It doesn’t matter whether or not the diamond was bought from DeBeers, the diamond could have been bought from anywhere. The lawsuit contends that DeBeers uses its monopoly over most of the world’s diamond mines to artificially inflate the price of diamonds and engages in other anti-competitive behaviors as well. It’s expected that around $135,432,500 will be divided amongst all the eligible consumers. You can file claims online here.

(Thanks to Michael!)
(Photo: clagnut)