Settlement of the NVIDIA GTX 970 Lawsuit
A class-action lawsuit filed against Nvidia over its GTX 970 graphics card has resulted in a settlement for the company. The case centers on the fact that the product was marketed as having 4GB of memory when in fact it only had 3.5 GB. The Nvidia settlement will award USD 30 to each affected customer. Since this is a provisional settlement, it only applies to buyers in the US.
The GTX 970 was released in August of 2013, so owners who bought it after August 24th can submit a compensation claim.
The court has tentatively approved a settlement, which is expected to be finalized in December. There is no damage cap, so each affected consumer will receive $30 for each card, regardless of price. This settlement also will pay $1.3 million in attorney fees. The class-action lawsuit is expected to be settled by the end of December, which is the first step toward a settlement.
The settlement is reasonable and fair for all class members. The attorneys involved in the lawsuit are well-versed in the relevant technical issues, which led to the emergence of the case. The NVIDIA GTX 970 settlement is likely to be finalized in December, and there is no cap on damages. It pays $30 per card, regardless of price, and will cover $1.3 million in attorney fees. This is an extremely generous compensation for the consumers involved.
The NVIDIA settlement has been approved.
Those who purchased the card between August 24th, 2013 can submit their claims. The settlement has no damages cap, so consumers are guaranteed a minimum of $30 for each card regardless of price. The NVIDIA CEO has apologized to the buyers and the class, and he’s committed to paying out every penny that they owed. This is an impressive result for consumers.
While the GTX 970 lawsuits alleged that the GPU contained 64 render output processors, the NVIDIA settlement offers a reasonable and fair settlement. The NVIDIA settlement is not perfect, but it is reasonable for the class members. It also covers the legal fees of the class. The case was filed in December 2015, so the company has time to prepare the payout. The lawsuit is worth the price for the victims. In addition to the money, the GTX 970 has received many complaints about its performance.
The Nvidia GTX 970 has been sold to consumers based on false information and inaccurate specs.
In the lawsuit, plaintiffs allege that Nvidia failed to disclose accurate information about the GPU. The case was filed against manufacturers AIC Partners and EVGA. It has not responded to the lawsuit. In any event, the company is not responding to the suit. As of this writing, it’s still unknown whether Nvidia’s new graphics card will be approved in the settlement.
The Nvidia GTX 970 lawsuit is about the lack of memory in the GTX 970. The GTX-970 lawsuit was filed over the slow RAM partition. However, the class-action lawsuit was only filed after the GTX-970 was released. Although the settlement is not yet final, it is a good start for those who bought the new GPU. If Nvidia is found guilty of falsifying information, the company could face millions in fines.
The settlement was agreed upon in December 2013.
The settlement involves the fact that NVIDIA misrepresented the amount of memory in the GeForce GTX 970 GPU. The settlement, however, will not cover the cost of a replacement card. The plaintiffs’ lawyers have outlined the settlement as a fair and reasonable one. But the lawsuit is a class action that focuses on the wrong pricing, which is the case here. In this case, NVIDIA failed to disclose information that affected the buyer’s decision.
The settlement is a fair settlement for the NVIDIA GTX 970 lawsuit. The NVIDIA settlement is a great deal for the class-action case. It is the largest payout in the history of the class-action lawsuit. The NVIDIA GTX 970 is a popular GPU, so the compensation amount is a good deal for consumers. It’s no wonder that the GPU was not marketed with enough memory.