Nvidia settles class-action suits over GTX 970, will refund owners up to $30 each
By Brad Bourque ? July 28, 2016 3:47 PM
While Nvidia?s GTX 970 may have been one of the most popular graphics cards ever, it isn?t without its issues. One of them is the card?s memory capacity. Though advertised as a 4GB card, close examination after release revealed the GTX 970 in fact splits its memory up into two portions, one totaling 3.5GB, and the other half a gigabyte. This split slightly hampers performance relative to what would be possible with a more typical 4GB configuration.
Now, multiple class-action lawsuits have forced the brand to compensate those who purchased a GTX 970 with a check for $30.
Nvidia still hasn?t admitted to any wrong-doing in the case of the GTX 970, but it is settling the lawsuits brought against it. ?The settlement is fair and reasonable and falls within the range of possible approval,? the legal team representing the users announced. ?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.?
Settlements like this often include a total cap of fund distributed, but neither side has detailed any sort of limit. The GTX 970?s insane popularity means it?s likely to cost Nvidia a significant stack of cash. The Steam hardware survey puts the 970 at a five percent marketshare. Nvidia has also agreed to pay $1.3 million in attorney fees.
This settlement combines the efforts of no less than 15 class action in lawsuits about the amount of memory available in the card, according to Top Class Actions. Each card cost between $300 and $350, so the $30 refund isn?t massive, but proportional to the damage done by the false advertising. How users can go about claiming their $30 settlement on the GTX 970 hasn?t been announced yet, but expect people to start making even more noise about this than they already have when it?s available.
Read more: http://www.digitaltrends.com/computing/gtx-970-settlement/
By Brad Bourque ? July 28, 2016 3:47 PM
While Nvidia?s GTX 970 may have been one of the most popular graphics cards ever, it isn?t without its issues. One of them is the card?s memory capacity. Though advertised as a 4GB card, close examination after release revealed the GTX 970 in fact splits its memory up into two portions, one totaling 3.5GB, and the other half a gigabyte. This split slightly hampers performance relative to what would be possible with a more typical 4GB configuration.
Now, multiple class-action lawsuits have forced the brand to compensate those who purchased a GTX 970 with a check for $30.
Nvidia still hasn?t admitted to any wrong-doing in the case of the GTX 970, but it is settling the lawsuits brought against it. ?The settlement is fair and reasonable and falls within the range of possible approval,? the legal team representing the users announced. ?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.?
Settlements like this often include a total cap of fund distributed, but neither side has detailed any sort of limit. The GTX 970?s insane popularity means it?s likely to cost Nvidia a significant stack of cash. The Steam hardware survey puts the 970 at a five percent marketshare. Nvidia has also agreed to pay $1.3 million in attorney fees.
This settlement combines the efforts of no less than 15 class action in lawsuits about the amount of memory available in the card, according to Top Class Actions. Each card cost between $300 and $350, so the $30 refund isn?t massive, but proportional to the damage done by the false advertising. How users can go about claiming their $30 settlement on the GTX 970 hasn?t been announced yet, but expect people to start making even more noise about this than they already have when it?s available.
Read more: http://www.digitaltrends.com/computing/gtx-970-settlement/
