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[TCA] Nvidia Settles Graphic Card False Advertising Class Action Lawsuit

post #1 of 281
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https://topclassactions.com/lawsuit-settlements/lawsuit-news/340705-nvidia-settles-graphics-card-false-advertising-class-action/


I was plaintiff in the original case, so i felt that people should know that the case has been settled. Nvidia is paying all legal fees for those involved and is giving $30 per person for EACH gtx 970 card they purchased that is involved. There is no limit set on the "ceiling" of what Nvidia has to pay, so those who weren't involved in the case can contact Wiggins Childs Pantazis Fisher Goldfarb LLC law firm at http://www.wigginschilds.com/ to dicuss their involvement in the case.
Quote:
Graphics card manufacturer Nvidia agreed to a preliminary settlement that will resolve claims in a group of proposed class action lawsuits that center around allegations that the company misled consumers about the performance and storage capabilities of its product.

The overall settlement amount was not publicly disclosed within court papers, however Nvidia agreed to pay all consumers who purchased the GTX 970 graphics card and indicated there would not be a cap on the total amount it would pay consumers.
 
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post #2 of 281
Ah if only they would have used those 30 bucks for that 0.5 GB of extra memory rolleyes.gif

nGreedia. lachen.gif
post #3 of 281
Looks like I am owed $60. Strange to settle and there was no participation announcement for the class action?
post #4 of 281
Quote:
Wiggins Childs Pantazis Fisher Goldfarb LLC law firm

Now thats a name...
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post #5 of 281
If I recall correctly, NVidia sold quite a few 970s... so the damages can be quite stout.
post #6 of 281
Quote:
Originally Posted by Exeed Orbit View Post

If I recall correctly, NVidia sold quite a few 970s... so the damages can be quite stout.

It is only the most popular GPU according to Steam Hardware Survey biggrin.gif
http://store.steampowered.com/hwsurvey
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post #7 of 281
So where was I supposed to sign up?
   
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post #8 of 281
Quote:
Originally Posted by GoLDii3 View Post

Ah if only they would have used those 30 bucks for that 0.5 GB of extra memory rolleyes.gif

nGreedia. lachen.gif

They included the memory, they crippled the memory controller.

Now... where do I sign up, I want $30 off my $220 purchase from a year ago...
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post #9 of 281
Quote:
Originally Posted by Exeed Orbit View Post

If I recall correctly, NVidia sold quite a few 970s... so the damages can be quite stout.

I would imagine the minority of people would actually go through with the claim to get the 30 dollars. Not to mention I'm sure they had some very smart people think about what is the cheaper option. This is probably cheaper than them fighting it in the long run even if they won. I also feel like settling in a matter like this gives off the opinion that they are trying to work with their consumers.
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post #10 of 281
Holy cow....I thought they sold lots of 970....

time to short Nvidia stock?biggrin.gif
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