Nvidia has been in a long-run lawsuit trial for what seemed to be false advertising on their part regarding one of their GPUs. We’re talking here about the Nvidia GeForce GTX 970 which was advertised to have 4 gigabytes of video random access memory, but was discovered to show off only 3.5 GB of VRAM. This fact made a lot of people mad, customers especially, which then filed a lawsuit against the company in February, 2015.
Nvidia attorneys have proposed a settlement with the over 8000 users of the graphics processing unit that are in the lawsuit trial, in which they’re meant to refund every single buyer of the GeForce GTX 970 with 30 dollars. However, we don’t have any info on whether the court will accept this settlement.
Even though the company has proposed the settlement between the accusation and defendants, Nvidia was not pleading guilty as first, saying that this was just a huge communication issue between two departments in the company. They never tried to mislead anybody, or so they say, but they chose to propose a settlement so that the legal costs don’t go overboard with this trial.
Lawyers discussing this popular trial say that the best outcome for upset customers is to receive 43.75 dollars back for what the GPU is lacking. The GeForce GTX 970 was priced on its release at 350 dollars, which would mean this hypothetical compensation is a little bit over 10 percent of what customers paid for the graphics processing unit. However, the refund of 30 dollars Nvidia is proposing is not such a bad settlement, that’s if you’re a United States resident. The Nvidia lawyers specify in the plea that the refund will be offered only if you’re a US resident, and you claim the money yourself.
If the settlement will be approved by the court, the customers that bought the GeForce GTX 970 will be announced on the 23rd of October about the decision and they will have time to file a claim until December 21st.