In 2008 I heard about a diamond class action lawsuit against DeBeers wherein people who had purchased diamonds during a certain number of years were eligible to receive a partial refund on the cost. I can’t remember the reason why the lawsuit was started (I think it had something to do with price-fixing), but since the diamond in my engagement ring qualified, I submitted a claim.
It subsequently went to court, then into the appeal process, and for more than a couple years nothing happened. Sometime in 2010 or so it went into a lengthy settlement process wherein they had to figure out just how much DeBeers would pay each plaintiff in the case. After a couple years of no updated information, I completely forgot about it. I kind of assumed that if we’d get anything, it would be something like $12.78 or some ridiculous amount like that.
But not so, for today we received a check in the mail for about $150! Not bad!