Class actions > De Beers

De BeersACTIVE

A certified national settlement has been reached with the De Beers Defendants that resolves all of the Canadian certified diamonds class actions regarding Gem Grade Diamonds.


Class Members: Collectively the class has been defined for settlement purposes in the Certified Diamonds Class Actions as all persons resident in Canada who purchased Gem Grade Diamonds from January 1, 1994 to October 14, 2016 except for Excluded Persons*.

*Excluded Persons: means the De Beers Defendants**, the directors and officers of the De Beers Defendants, the subsidiaries or affiliates of the De Beers Defendants, the entities in which the De Beers Defendants or any of the De Beers Defendant’s subsidiaries or affiliates have a controlling interest and the legal representatives, heirs, successors and assigns of each of the foregoing and those persons who validly opt out of the BC Action or the Ontario Action.

**De Beers Defendant: De Beers Canada Inc., DB Investments, Inc, De Beers S.A., De Beers Consolidated Mines, Ltd., De Beers UK Limited (f/k/a The Diamond Trading Company Limited), CSO Valuations A.G., and De Beers Centenary A.G.

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