De Beers Antitrust Settlement Finally Final

After four years and innumerable delays, the checks may—at long last—be in the mail.The De Beers antitrust class action settlement was finalized on May 21, when the Supreme Court denied an appellant’s motion for reconsideration.Plaintiff attorneys say members of the direct class—trade companies that purchased directly from De Beers and other miners—should have started receiving their checks in June and July. “Indirect” trade members should start receiving their checks after that, with consumer checks going out later this summer.“This normalizes business for De Beers in America,” says De Beers director of communications David Prager. “If you think about the past century, this is a milestone moment.”“A lot of the past restrictions we have had previously are now gone,” he says. “We have clearly not jumped into America with both feet, and we have resisted contract

JCK PRO is transitioning its services and the PRO login will no longer exist as of May 31, 2023.
For questions or support, please contact Customer Service:

Already a JCK Pro? Log in

Log Out

Are you sure you want to log out?

CancelLog out