Court Approves Diamond Class Action Settlement

By JCK Online Staff -- JCK Online, 5/30/2008 10:54:00 AM

U.S. District Judge Stanley R. Chesler for the District of New Jersey has issued his written opinion, and entered an order, approving the Settlement in the Diamond Class Actions in the United States, De Beers Friday in a statement.   

"We believe that settling these Class Actions has allowed us to put these matters behind us, and is in the best interests of our shareholders, our clients and, most importantly, consumers’ confidence in diamonds," the company said in a statement.

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

De Beers Execs Make "Everlon" Visit

03/15/2010

Everlon: Boost or Bust?

10/31/2009

De Beers says it has settled class action law suits filed in the U.S.

11/29/2005

[Analysis] The 'Post-Cartel' Diamond World Faces Its First Crisis

09/01/2009

De Beers may enter U.S. diamond market

07/13/2004

Also by this author

• IDE Re-elects Avi Paz

• CIBJO Leader Addresses Corporate Social Responsibility

• Jewelers Mutual Offers Tips to Avoid Shipping Losses

• Christie Brinkley Launches Jewelry Line

• De Beers Owner Turns Down Merger

>>MORE

Sponsored Links