HSN AGREES TO SETTLE CLASS-ACTION LAWSUIT The Home Shopping Network has agreed to post $2.5 million in cash and coupons to settle a 1991 class-action lawsuit by three Pennsylvania residents who claimed the network inflated the appraised value of its diamond and cubic zirconia jewelry to sell at an apparent discount. The agreement covers anyone who bought diamond or CZ jewelry from HSN between Dec. 27, 1984, and May 20, 1991. About 400,000 past and current HSN customers in Pennsylvania are being informed of the settlement by mail and by advertisements in major state newspapers. A Pennsylvania woman filed the original lawsuit in 1990. It was consolidated with a similar suit filed in 1991 by a Pennsylvania couple. HSN denies it improperly inflated the value of its jewelry, says HSN attorney Laurence Shiekman, and the agreement specifically says the settlement isn't an admission of l

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