Colored Stones

Save E-mail Print Most Popular RSS Reprints

Settlement reached in JTV labradorite case

October 23, 2008

Similar Stories | Topics

Knoxville, Tenn.--Jewelry Television (JTV) has reached a settlement with consumers who sued the on-air jewelry retailer claiming it sold treated gemstones without full disclosure.

In a lawsuit filed earlier this year called Hurd versus America's Collectibles Network Inc. (which does business as Jewelry Television), plaintiffs alleged that red and green andesine-labradorite gemstone advertised by JTV as natural were actually color-enhanced.

According to a joint statement by the two parties in the case, which was released on Wednesday on the Web site AndesineClassAction.com, JTV continues to deny any wrongdoing in the case and asserts that "representations it made about the gemstones were properly based on industry literature, representations and information from its suppliers, and gemstone laboratory reports from national accredited laboratories."

However, JTV determined that settling the case rather than paying the legal expenses involved in continuing it was in the best interest of the company and "would allow JTV to move forward with its continued commitment to its customers," the online statement reads.

Though specifics about the settlement were not disclosed, it does afford the consumers who are part of the class action to submit claims for cash refunds and JTV store credits. The settlement Web site will be updated regularly with additional information.

In addition, according to the online statement, the settlement provides for disclosures, consumer education and training for JTV employees to ensure that future marketing of andesine-labradorite complies with all relevant rules and regulations.

JTV did not immediately return requests for comment.
Save E-mail Print Most Popular RSS Reprints
Post a Comment
* Required field
* Author:
* Comment:
 

More Colored Stones

Richard Hughes
Ruby, sapphire expert Hughes wins Bonanno award

Richard W. Hughes, known for his adventure-laden travelogues, his writings on undisclosed gemstone treatments and as the author of Ruby and Sapphire, has won the 2010 Antonio C. Bonanno Award For Excellence in Gemology, the Accredited Gemologists Association has announced. Read More

'Vivid Pink' up for sale at Christie's
Price is right for pearls this holiday
More Colored Stones

More Like This

Consumer sues Jewelry Television over treated gems
June 04, 2008 | National Jeweler Network
ShopNBC, Jewelry Television announce layoffs
January 08, 2009 | National Jeweler Network
Two on-air jewelry retailers announce layoffs
November 17, 2008 | National Jeweler Network
Settlement reached in JTV labradorite case
October 23, 2008 | National Jeweler Network
Making sense of andesine/labradorite
January 12, 2009 | National Jeweler Network
TOPICS
Civil Trials | Trials

Design Portfolio

advertisement

Video

Small multi video player located on right rail of NJN site

advertisement

Sponsored by:

Retailer Toolbar

America's Best Jewelers
Join the ONLY Social Network for Jewelry Retailers. Get access to expert content, peer best practices, and more.
Start networking today.
Newsletters
Newsletters
Topic-specific newsletters that deliver the latest news on jewelry, diamonds, wholesale operations and high-volume buying directly to your in-box.
Reader Connect
ReaderConnect
Supplier information presented with every article, bringing you related, actionable content on every topic.
Jewelry Yellow Pages
Yellow Pages
A comprehensive listing of associations, organizations, suppliers and services for the jewelry industry.
Classifieds
Classifieds
A comprehensive listing of job postings, product offerings and other materials for sale for the jewelry industry.
NJN Customer Connect
CustomerConnect
The most sophisticated suite of marketing services available for jewelry retailers, from Internet tools to data marketing.

advertisement