JVC further advises in claims process
January 08, 2008

New York—The Jewelers Vigilance Committee (JVC) is advising resellers that they can submit claims for compensation in the De Beers Indirect Purchaser/Reseller class-action settlement for purchases of both diamond jewelry and jewelry that contain diamonds and other gemstones.

The guidance on the court-approved claim form states that resellers should check only one box when reporting purchases of either diamond-only jewelry or jewelry containing mixed stones, but the JVC advises resellers that they can claim both.

To claim all purchases that qualify, resellers should either photocopy or download multiple copies of pages 5 and 6 of the claim form and fill in one copy as “diamond-only” and the second copy as “mixed jewelry.” Further, the JVC says multiple printed forms can and should be used, as some in the trade will have multiple purchases that can’t physically fit on one printed form.

Claims must be postmarked on or before May 19, 2008, to be accepted.

Questions should be sent to jvsquestions@aol.com. For a link to the claim form and guidance information on filing a claim, visit the JVC’s Web site, JVClegal.org.

Editor’s note: For earlier developments in this story, see JVC posts link to De Beers settlement claim form.