• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Gift that keeps on giving - Nvidia settles class-action lawsuit on GTX970 controversy

wachie

Member
38zTaBj.jpg


According to TopClassAction website, NVIDIA has agreed to pay 30 USD to each buyer of GTX 970. Company will also cover additional attorneys’ fees, which are estimated at 1.3 million USD.

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.

“The settlement is fair and reasonable and falls within the range of possible approval,” attorneys for the proposed Class said in the filing. “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.”

NVIDIA was accused of falsely advertising GM204-200 graphics card, which indeed had 4GB memory installed, but 0.5GB was separated from the main pipeline. This resulted in lower bandwidth when this particular memory pool was used. The lack of communication between marketing and engineering teams at NVIDIA caused a lot of controversy, as wrong specifications were advertised at NVIDIA’s own website and in GTX 970 reviewers guide. As a result, reviewers were also unaware that they were falsely reporting on wrong specifications. It was later discovered that GTX 970 also had less Raster Operating Units (ROPs) and less L2 cache (1.75MB not 2MB).

It is not clear how this settlement will affect buyers around the world. There no instruction on how to file a claim yet, but keep checking the link below.
http://videocardz.com/62720/nvidia-settles-class-action-lawsuit-over-geforce-gtx-970-controversy

People got refunds/credits from Amazon soon after the controversy and in some cases "double refunds", well they can expect another $30.
 

-MD-

Member
Amazon originally shot me down for a partial refund while most others were getting them.

So I'll take whatever I can get.
 

Justinh

Member
Hey! I have two of those(and bought one for my dad too, but he already got a 1070)! I guess I'll have to start following this stuff now.
 

wbEMX

Member
30 bucks, huh? Bought my 970 on launch, but I don't know if Germany will be included in this. I don't think so, because that was a US lawsuit.
 

Alexm92

Member
Hope this is outside the U.S. If it is, I wonder will that $30 convert to €30 just like the price of the actual 970 does...doubt it though
 

Pejo

Member
Well, I usually don't jump in on these class action things, but I'll definitely do this one. That was a shady move by Nvidia, despite the card still being pretty damn good.

That also reminds me that I have to try to use my Ticketmaster settlement money soon.
 

Valus

Member
I'm always salty about class actions. Cool we stuck it to the company and at some point in the future I'm getting $30 bucks, great. While the handful of attorneys involved got $1.3M. Great.
 
Awww yis. Bought one of these suckers on Amazon. Got something like a $70 refund from Amazon when I whined to them about Nvidia's lies; now I get another $30. Gonna turn a profit on the card at this rate.
 
Top Bottom