What are the lawsuits about?
Several class-action lawsuits were filed asking for money damages on behalf of diamond purchasers. The lawsuits also asked that the defendants stop certain business conduct. The lawsuits claim that the largest suppliers of diamonds in the worldDe Beers S.A. and its associated companiesviolated antitrust, unfair competition, and consumer-protection laws by monopolizing diamond supplies, conspiring to fix, raise, and control diamond prices, and disseminating false and misleading advertising. De Beers and the other companies deny they violated the law or did anything wrong. They also say that because they do not do business in the United States, the courts in the United States do not have authority over them. The Court in charge of most of the lawsuits is the U.S. District Court for the District of New Jersey. The names of the main lawsuits are: Sullivan, et al. v. DB Investments, Inc., et al., Civil Action No. 04-CV-2819 (SRC) (D.N.J.); ANCO Industrial Diamond Corp., et al. v. DB Investm
