A series of lawsuits claimed the DeBeers group of companies conspired
to fix the price of diamonds, monopolized the market and had misleading
advertising.

Because of it, the suits claimed, consumers paid more for diamonds then
they should have. A settlement says that consumers who bought diamond
jewelry between 1994 and 2006 are eligible to share the $295 million.

For more info: https://diamondsclassaction.com/

from me - Randy (the Admin)