What do you plan to do with that $30?
There's a 970M 2GB version? I only saw and have a 3GB 970M.
Comment has been collapsed.
Yeah.. I didn't buy through nvidia, how are they issueing this refund?
Mine is MSI from best buy.
Comment has been collapsed.
This is bound to hurt them financially, but legally? Not so much...
Perhaps the settlement could lead to things happening elsewhere, but it’s important to note that one of the terms of the deal is that NVIDIA does not have to admit to any wrongdoing, and can continue to deny that it is guilty of false advertising, deceptive business practice and similar charges filed in the lawsuit. Of course, this is a settlement – and an expensive one at that – in order to avoid a full trial.
Comment has been collapsed.
One of the main reasons to settle out of court is that the court stops being involved. It's not scummy, it's literally just saying "Look, we'll pay you off, we don't want to deal with this." The lawyers were free to refuse the settlement offer and take it to court if they thought they would get more. They decided "even if we get a larger award from the judge, it won't be enough more to cover the costs of a full trial." Or in even less legal terminology, "This is the best deal we're going to get."
It's like if you sue someone for doing $500 in damage to your fence, and he offers to pay you the $500 right now to drop the case. Do you really want to take it to court, spending more of your own time and money, just to make sure it goes on his record? Or would you take the $500, call it even, and drop the legal battle?
Comment has been collapsed.
It will be probably for purchases done before their full disclosure.
I'm glad someone did this. Sets the right example. They would have sold about the same number of cards anyway since 970 was an awesome product. Its the shenanigans that need to be discouraged.
Comment has been collapsed.
Would I be eligible having a third party Nvidia 970 or it is limited to first-party owners?
Comment has been collapsed.
Which is pretty much impossible, considering the legal process varies depending on the country.
Comment has been collapsed.
Yeah, it's impossible to have a binding international court without also having one global set of international laws and an international means of enforcement. Until we pull a Star Trek and form a unified world government that can agree on more than optional nonbinding resolutions, it's not happening.
It is, however, totally possible to bring your own lawsuit in whatever country you live in, assuming that false advertising is also illegal there. You can even start a class action if that's a thing that your local laws allow.
Comment has been collapsed.
The lawyers did all the work and took all the financial risk. Class action suits aren't meant to profit the class; they are there to allow an entire class of people to collectively put an end to behaviour that has a harmful effect on them, without the burden that such an action would normally entail. They're not there so you can win, they're there so you can stop losing. If you want to "win" then there are other options available to you; for example, if you wanted to force them to give you a refund then you should have taken it to small claims court.
Comment has been collapsed.
The lawyers get a reasonable percentage of the cash, not $30 like everyone else. My accounting teacher in my senior year of high school told me how these lawyers got millions of dollars out of a suit with Wells Fargo but the victims (the customers of Wells Fargo) could only get ~$50.
This is a world about making money, rarely about changing something for the better - especially the case with lawyers.
Comment has been collapsed.
I have a GTX 980. Congrats to every (American) with 30 bucks in their pocket now though. :P
Comment has been collapsed.
I researched the 970 and 980 before investing and I have no issues with the 970 what-so-ever; however, the advertisement discrepancy lawsuit isn't going to supply me with a free upgrade to a 980. The only real winner here is the attorneys and their fees.
Comment has been collapsed.
20 Comments - Last post 7 minutes ago by freshduke
26 Comments - Last post 7 minutes ago by Chris76de
46,864 Comments - Last post 26 minutes ago by FranckCastle
295 Comments - Last post 40 minutes ago by pb1
56 Comments - Last post 53 minutes ago by Lexbya
62 Comments - Last post 1 hour ago by quijote3000
22 Comments - Last post 1 hour ago by Warriot
549 Comments - Last post 25 minutes ago by xXxYEET
26,635 Comments - Last post 39 minutes ago by FranckCastle
8 Comments - Last post 46 minutes ago by Hephos
19 Comments - Last post 51 minutes ago by Gellax
15,235 Comments - Last post 1 hour ago by Adzik
1 Comments - Last post 1 hour ago by AmanoTC
255 Comments - Last post 1 hour ago by Cole420
Like the title says, Nvidia looks to settle on that 3.5GB VRAM issue that brought on a bunch of lawsuits. The result of this settlement is the payment of $30 to each buyer of the card (Not sure if for each card or per person). In the end it seems like the lawyers got the better end of the deal with Nvidia paying $1.3m in attorneys' fees.
For more info:
https://topclassactions.com/lawsuit-settlements/lawsuit-news/340705-nvidia-settles-graphics-card-false-advertising-class-action/
http://www.gamespot.com/articles/did-you-buy-a-gtx-970-nvidia-owes-you-30-if-you-li/1100-6442239/
Edit: For those who want to know how to get the $30:
We have to wait for the court to approve the settlement during the hearing on August 24. We'll have to see what happens from there and how Nvidia is going to handle it.
Comment has been collapsed.