Comments on: Bought a Diamond in the Last 14 Years? Get Tons of Money From Class Action Settlement http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/ Adding a punchline to your bottom line Tue, 06 Jan 2009 04:00:19 +0000 http://wordpress.org/?v=2.6.2 By: Steve "The Debt Settlement Man" B http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-214033 Steve "The Debt Settlement Man" B Sat, 11 Oct 2008 04:12:23 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-214033 having to lay out 3 or 4 g's on one of those things scares me having to lay out 3 or 4 g’s on one of those things scares me

]]> By: Michelle Goebel http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-205879 Michelle Goebel Mon, 25 Aug 2008 19:58:24 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-205879 Here is the actual email from the administrative contact I received. You'll notice that they mention waiting to see how the "appeals" turn out. It just dawned on me, if a settlement was agreed upon, why are there appeals needing to be considered? Was this a bogus effort for publicity for the cause? You be the judge... > Subject: RE: Consumer payment schedule?> Date: Mon, 4 Aug 2008 09:51:39 -0500> From: administrator@diamondsclassaction.com> To: redrobin5@hotmail.com> > I have found your claim. Your claimant id# 50577132.> > Judge Chesler issued an order approving the Settlement on May 27, 2008. These documents are posted on the "Other Settlement Documents." page at the website www.diamondsclassaction.com. Appeals have since been filed contesting final approval of the Settlement, and these appeals will postpone resolving claim calculations. No payments will be made on eligible claims until all appeals are resolved. It is uncertain how long these appeals will take to resolve, and the timing of resolving the appeals is not within our control. > > Diamonds Claims Administrator> > ________________________________> > From: red robin [mailto:redrobin5@hotmail.com]> Sent: Sat 8/2/2008 11:44 PM> To: diamondsclassaction> Subject: Consumer payment schedule?> > > Hello, I filled out my claim form in January 2008. I printed out a coded receipt and my Claim Reference Number is 50577132. It was for a few pieces of diamond jewelry purchased at approximately $5,100. Could you please tell me the payment schedule for a Consumer payment? Thank you for your time.> Sincerely,> Michelle Goebel> Here is the actual email from the administrative contact I received. You’ll notice that they mention waiting to see how the “appeals” turn out. It just dawned on me, if a settlement was agreed upon, why are there appeals needing to be considered? Was this a bogus effort for publicity for the cause? You be the judge…

> Subject: RE: Consumer payment schedule?> Date: Mon, 4 Aug 2008 09:51:39 -0500> From: administrator@diamondsclassaction.com> To: redrobin5@hotmail.com> > I have found your claim. Your claimant id# 50577132.> > Judge Chesler issued an order approving the Settlement on May 27, 2008. These documents are posted on the “Other Settlement Documents.” page at the website http://www.diamondsclassaction.com. Appeals have since been filed contesting final approval of the Settlement, and these appeals will postpone resolving claim calculations. No payments will be made on eligible claims until all appeals are resolved. It is uncertain how long these appeals will take to resolve, and the timing of resolving the appeals is not within our control. > > Diamonds Claims Administrator> > ________________________________> > From: red robin [mailto:redrobin5@hotmail.com]> Sent: Sat 8/2/2008 11:44 PM> To: diamondsclassaction> Subject: Consumer payment schedule?> > > Hello, I filled out my claim form in January 2008. I printed out a coded receipt and my Claim Reference Number is 50577132. It was for a few pieces of diamond jewelry purchased at approximately $5,100. Could you please tell me the payment schedule for a Consumer payment? Thank you for your time.> Sincerely,> Michelle Goebel>

]]> By: DeBeers Sucks http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-202398 DeBeers Sucks Mon, 11 Aug 2008 12:07:21 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-202398 Now they're appealing the settlement - we'll probably all be dead by the time this thing gets out of court. Now they’re appealing the settlement - we’ll probably all be dead by the time this thing gets out of court.

]]> By: Nick http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-198820 Nick Wed, 23 Jul 2008 14:52:51 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-198820 Nothing yet, Jonny, but large class actions like this one take lots of time to fully resolve. Once I hear something more about it, I'll post something new right away. Nothing yet, Jonny, but large class actions like this one take lots of time to fully resolve. Once I hear something more about it, I’ll post something new right away.

]]> By: Jonny Diamond http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-198783 Jonny Diamond Wed, 23 Jul 2008 10:39:56 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-198783 Any update on this? Any update on this?

]]> By: Seven Pending Class Action Lawsuits That May Show You The Money | Punny Money http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-163759 Seven Pending Class Action Lawsuits That May Show You The Money | Punny Money Wed, 05 Mar 2008 20:49:49 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-163759 [...] may recall the announcement of a settlement in the De Beers diamond lawsuit class action that could put money back in your pocket for your recent diamond jewelry purchases. And even more [...] [...] may recall the announcement of a settlement in the De Beers diamond lawsuit class action that could put money back in your pocket for your recent diamond jewelry purchases. And even more [...]

]]> By: Normelita http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-161966 Normelita Thu, 28 Feb 2008 08:01:49 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-161966 Oh well I guess every penny count's, my friend told me about this and hopefully for good.... i bought a lot of stuff for my parents, grandmothers, sisters and aunts and ofcourse myself using store credit cards thats why i owe a lot of money in it before but anyways hope for the best on this settlement. May this happen for good... thanks for the people of this settlement and God bless you all for doing a human kind....! Oh well I guess every penny count’s, my friend told me about this and hopefully for good…. i bought a lot of stuff for my parents, grandmothers, sisters and aunts and ofcourse myself using store credit cards thats why i owe a lot of money in it before but anyways hope for the best on this settlement. May this happen for good… thanks for the people of this settlement and God bless you all for doing a human kind….!

]]> By: Ryan http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-156715 Ryan Wed, 13 Feb 2008 23:56:26 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-156715 Any word on when the settlement payouts, if any, may be happening? Any word on when the settlement payouts, if any, may be happening?

]]> By: Mitzi L CA http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155958 Mitzi L CA Tue, 12 Feb 2008 18:16:43 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155958 WOW, this is cool, if it really pays like it says this could help boost our economy alittle anyway, I know I'm a little excited about it, we'll wait and see. PS If the attorneys go to court don't they get 40% yiks that's a heavty chunck! Well so much for our economy WOW, this is cool, if it really pays like it says this could help boost our economy alittle anyway, I know I’m a little excited about it, we’ll wait and see. PS If the attorneys go to court don’t they get 40% yiks that’s a heavty chunck! Well so much for our economy

]]> By: Ginny Holcombe http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155438 Ginny Holcombe Mon, 11 Feb 2008 17:58:21 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155438 First heard about this from the consumer reporter on KOMO TV, Channel 4, Seattle WA. Had I not heard it from him I would have thought that "This is a scam". Hopefully this is for real and I might receive a little bit back. Curious, it took five attempts for the form to recognize the secret number! First heard about this from the consumer reporter on KOMO TV, Channel 4, Seattle WA. Had I not heard it from him I would have thought that “This is a scam”. Hopefully this is for real and I might receive a little bit back. Curious, it took five attempts for the form to recognize the secret number!

]]> By: Bob McGuire http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155026 Bob McGuire Sun, 10 Feb 2008 23:54:45 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-155026 WOW I didn't know that and I sell gemstones myself. bob WOW
I didn’t know that and I sell gemstones myself.
bob

]]> By: Mark http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-152823 Mark Tue, 05 Feb 2008 22:30:02 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-152823 First off, I am filing a claim in hopes of receiving something seemingly for nothing. However, if you start to do the math, it doesn't work to well. The amount of the settlement earmarked for consumers is about $135 million. After the lawyers get their cut (1/3 off the top) that leaves about $90 million. If you take just one style of jewelry, say a $3,000 engagement ring and apply the percentage rebate from the website of 32%, that equals a payment of $960. Divide $90 million by $960 and you get 93,750 rings. My guess is that in 14 years, there were significantly more than 93,750 $3,000 rings sold. Then consider all the other pieces of diamond jewelry both more and less expensive and all of the sudden, there isn't all that much money to go around. If I get enough to buy a large pizza and rent a movie, I'll be pleasantly surprised. I'm filing a claim more out of curiosity than hopes for an actual payment. First off, I am filing a claim in hopes of receiving something seemingly for nothing. However, if you start to do the math, it doesn’t work to well. The amount of the settlement earmarked for consumers is about $135 million. After the lawyers get their cut (1/3 off the top) that leaves about $90 million. If you take just one style of jewelry, say a $3,000 engagement ring and apply the percentage rebate from the website of 32%, that equals a payment of $960. Divide $90 million by $960 and you get 93,750 rings. My guess is that in 14 years, there were significantly more than 93,750 $3,000 rings sold. Then consider all the other pieces of diamond jewelry both more and less expensive and all of the sudden, there isn’t all that much money to go around. If I get enough to buy a large pizza and rent a movie, I’ll be pleasantly surprised. I’m filing a claim more out of curiosity than hopes for an actual payment.

]]> By: Jason http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147860 Jason Mon, 28 Jan 2008 05:06:07 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147860 Yes! This story has all the flavor of an internet phishing scheme. Some of you skeptics may not believe this, but I saw a full-page ad in US. News today that led me to the web site to fill out a claim. I did so for an engagmenet ring I purchased in 1997 and a Christmas gift in 2000. The total was under $2k, but $600 will be well worth the 5 minutes it took me to fill out the claim form. I honestly doubt that "Nigerian high school students" have the capacity to place full page ads in national magazines. Careful. In reading the fine print, I found that you are basically waiving your right to any future entitlement you may have against DeBeers. If you happen to own a jewelry store, you may be entitled to MUCH more than this settlement offers and you may want to opt out of this class action settlement, just so you can build your own law suit for DeBeers monopolizing the market, preventing you from reaching your full profit potential. Yes! This story has all the flavor of an internet phishing scheme. Some of you skeptics may not believe this, but I saw a full-page ad in US. News today that led me to the web site to fill out a claim. I did so for an engagmenet ring I purchased in 1997 and a Christmas gift in 2000. The total was under $2k, but $600 will be well worth the 5 minutes it took me to fill out the claim form. I honestly doubt that “Nigerian high school students” have the capacity to place full page ads in national magazines.

Careful. In reading the fine print, I found that you are basically waiving your right to any future entitlement you may have against DeBeers. If you happen to own a jewelry store, you may be entitled to MUCH more than this settlement offers and you may want to opt out of this class action settlement, just so you can build your own law suit for DeBeers monopolizing the market, preventing you from reaching your full profit potential.

]]> By: Read this if you have bought diamonds in the last 10 years. - Cruise Line Fans: Cruise Reviews and Chat From Real Cruisers http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147812 Read this if you have bought diamonds in the last 10 years. - Cruise Line Fans: Cruise Reviews and Chat From Real Cruisers Mon, 28 Jan 2008 00:22:16 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147812 [...] was mentioned that purchases from Diamonds International "might" qualify for this too: http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action...(copied below) (I also did a google search to be sure that the web site listed at the end is correct [...] [...] was mentioned that purchases from Diamonds International "might" qualify for this too: http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action...(copied below) (I also did a google search to be sure that the web site listed at the end is correct [...]

]]> By: Chit Chat - Page 1005 - Cruise Line Fans: Cruise Reviews and Chat From Real Cruisers http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147691 Chit Chat - Page 1005 - Cruise Line Fans: Cruise Reviews and Chat From Real Cruisers Sun, 27 Jan 2008 17:41:06 +0000 http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action-settlement/#comment-147691 [...] was mentioned that purchases from Diamonds International "might" qualify for this too: http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action...(copied below) (I also did a google search to be sure that the web site listed at the end is correct [...] [...] was mentioned that purchases from Diamonds International "might" qualify for this too: http://www.punny.org/money/bought-a-diamond-in-the-last-14-years-get-tons-of-money-from-class-action...(copied below) (I also did a google search to be sure that the web site listed at the end is correct [...]

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