Nvidia Class Action Lawsuit

[SuperTaz]

http://www.pcgamesn.com/crysis/nvidia-class-action-lawsuit-settlement

 

Nvidia are in hot water with the law and it's going to be extremely costly for the company. The hardware manufacturers marketed their GTX 970 series of GPUs as having 4GB of video access memory, despite only 3.5GB being actually available. Now it's time to pay for that deception, and with it being one of the most popular modern GPUs, they'll definitely pay.

 

Nvidia have agreed to a preliminary settlement that will resolve claims in a group of proposed class action lawsuits on the matter.  The settlement has Nividia paying out $1.3 million in attorneys’ fees and the company also promises to pay each buyer of the GTX 970 card $30. 

 

Additionally, there will not be a cap on the total amount Nvidia would pay consumers.

 

“The settlement is fair and reasonable and falls within the range of possible approval,” attorneys for the proposed Class said in the filing, via Top Class Actions. “It is the product of extended arms-length negotiations between experienced attorneys familiar with the legal and factual issues of this case and all settlement class members are treated fairly under the terms of the settlement.”

 

The case dates back to 2015 when the initial class action was proposed. According to court documents, the recent settlement with Nvidia includes a total of 15 consumer class action lawsuits that were consolidated in Northern California as well is a pending action in San Diego.

 

If you bought a 970 like me, you're entitled to $30. That figure was calculated as the value of the 0.5GB you're missing in proportion to the total cost. Details on how to claim are not available currently, but we will update when they are.