JTV CLASS ACTION
FOR UPDATED INFORMATION, PLEASE VISIT
On October 22, 2008, the Circuit Court for Knox County, Tennessee certified a settlement class and granted preliminary approval to a settlement reached in Hurd v. America's Collectibles Network, Inc. d/b/a/ Jewelry Television, No. 225508. Settlement class members may be eligible to receive a cash refund or JTV store credit.
Please visit www.andesineclassaction.com to assure you have current information about the class action lawsuit. Please bookmark this site and check back regularly for updates as this case progresses.
The following is a joint publicity statement issued by the Parties to the Litigation.
JOINT PUBLICITY STATEMENT
Class Counsel and JTV announce that they have reached a settlement in the lawsuit Hurd v. America's Collectibles Network, Inc., d/b/a/ Jewelry Television, No. 225508. In the Lawsuit, Plaintiffs have alleged that red and green andesine-labradorite gemstones advertised by JTV as highly coveted, extremely rare, and all natural, were in reality color enhanced. JTV has denied, and continues to deny, all allegations of wrongdoing and liability made in the Lawsuit, and asserts that the representations it made about the gemstones were properly based on industry literature, representations and information from its suppliers, and gemstone laboratory reports from nationally accredited laboratories.
As part of the settlement agreement, JTV did not admit to any wrongdoing. The company determined that settling the case rather than facing the continued cost and disruption of fighting a potential class action was in the best interests of the company, and would allow JTV to move forward with its continued commitment to its customers. Class Counsel and the Plaintiffs determined that the agreement is in the best interest of those who purchased andesine-labradorite from JTV during the Class Period, because it affords class members the opportunity to submit claims for cash refunds and JTV store credits. The Settlement also provides for disclosures, consumer education, and training for JTV employees to make sure that future marketing of andesine-labradorite complies with all relevant rules and regulations.
Plaintiffs and the Class are represented by Gregory Coleman of Coleman and Edwards, P.C. and Kenneth A. Wexler and Edward A. Wallace of Wexler Wallace LLP.
QUESTIONS
If you have questions that this website does not answer, please contact the lawyers representing the Class:
Gregory Coleman EMAIL ATTORNEY
Kenneth A. Wexler kaw@wexlerwallace.com
Edward A. Wallace eaw@wexlerwallace.com
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