JVC Provides Weblink to De Beers Indirect Purchaser Claim Form

16 08 2010

RAPAPORT… New York City – December 28, 2007: A link to the form to make a claim under the De Beers Indirect Purchaser/Reseller class action lawsuit is available on Jewelers Vigilance Committee’s (JVC) website, http://www.jvclegal.org.

JVC’s website includes guidance to complete the form and a series of frequently asked questions. The lawsuit and claim form covers gem-quality diamonds only. In addition, jewelry industry members who have questions about completing the form can contact JVC’s web hotline for help jvcquestions@aol.com. A link to the Direct Purchasers claim form will be posted on JVC’s website as soon as it is available.

Starting on December 28, 2007, a court authorized media campaign to notify consumer class members about making a claim will commerce. Advertisements in hundreds of newspapers, magazines (both trade and consumer) and on the radio will run until February 2008.

The Court also ordered that on December 28, 2007, written notice about the claim form will be mailed, first class, to approximately 50,000 entities covered under the lawsuit. Those who wish to file a claim will have until May 19, 2008 to submit a form. The claim form must be postmarked on or before May 19, 2008 for it to be accepted.

Said Cecilia Gardner, JVC’s president, CEO and general counsel: “The claim form is not difficult to complete, but it does require attention to detail and figures. JVC has posted on our Website both a link to the claim form and guidance on how to complete the form. As the guardian of ethics and integrity in the jewelry industry, JVC will help jewelers who have questions about completing the form.”

Visit JVC’s Website – http://www.jvclegal.org – for more information about the De Beers class action lawsuit claim form and guidance on completing it as well as JVC’s legal compliance products and services.

Jewelers Vigilance Committee, founded in 1917, is a not-for-profit legal trade association fulfilling its mission to maintain the jewelry industry’s highest ethical standards. JVC offers dispute mediation and arbitration services for trade and consumers, compliance monitoring and precious metals testing, among many other services. JVC, long considered the industry’s guardian of ethics and integrity, is a resource for the entire jewelry industry and its customers as well as an industry representative before government agencies, media and adjunct fields. For more information visit: http://www.jvclegal.org.




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