Month: February 2008

  • De Beers Class Action Lawsuit

    If you happened to purchase a diamond between January 1, 1994, and March 31, 2006, you may be eligible for a small portion of the $295 million settlement with DeBeers. The settlement is part of an agreement entered in to by DeBeers for anticompetitive practices while not directly admitting to any wrong doing. While some are claiming that you could get several hundred dollars for…

    Read More
  • Blue Nile vs. Yehuda Diamonds

    Yehuda Diamond Company, an online retailer of clarity enhanced diamonds, has recently been sued by their online competitor Blue Nile. Blue Nile claims certain statements about clarity enhanced diamonds can be misleading to consumers. Clarity Enhancement is a process by which microscopic material is inserted into diamonds that contain feathers. This filling material contains the same optical properties as diamond itself and causes light to…

    Read More