Pursuant to the Order of the Court, Initial Distribution checks were mailed to
Authorized Direct Claimants on July 26, 2013. Please see the Direct Purchasers
Home Page for information on the distribution. Payments were calculated based
on several factors, including how much you paid, the type of the diamonds you
purchased (i.e. Rough or Polished), the amount of money that is available for
your Class or Sub-class, and how many Class Members filed authorized claims.
Additional details regarding how your claim was calculated is available in
¶¶9-10 of the Direct Purchaser Notice of Proposed Settlement, which is
available at this website.
In addition, notifications and payments were sent to Consumer Claimants in June
2013. The Consumer Subclass Settlement Fund was divided pro rata among the
Consumer Subclass members whose claims were approved for payment. Payments were
calculated based on several factors, including how much you paid, the quantity
and quality of the diamonds you purchased, the amount of money that is
available for your Class or Sub-class, and how many Class Members filed claims.
The Claim Form provides more information describing how your payment was
calculated. Additional details regarding how your claim was calculated is
available in Appendix B of the Long Form Notice, which is available at this
website.
If your claim’s proportionate share of the Net Distribution Fund calculated to
an amount that was less than $10.00, a check was not issued in accordance with
the Order Approving Distribution of the Indirect Purchaser Consumer Subclass
Settlement Fund.
In addition, pursuant to an Order of the Court, Initial Distribution checks
were mailed to Authorized Reseller Claimants on August 31, 2012. The remaining
proceeds of the Reseller Subclass Net Settlement Fund were distributed to
Authorized Reseller Claimants on March 15, 2013. Please see the Resellers Home
Page for more information about the Initial Distribution. Please visit this
website periodically for any further updates.
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