U.S. Residents Who Bought GTX 970 Graphics Card May Be Able To Claim $30 Settlement

Last year, some customers who bought an nVidia GTX 970 graphics card found it wasn’t quite performing to standards. As it turns out, it was because the card had a dedicated 3.5GB of video ram instead of the advertised 4GB.

As a result of this false advertising, nVidia had to settle a lawsuit for lying to its customers, as Ars Technica reported. Part of the settlement involves paying out $30 to anyone who bought a GTX 970 from September 1, 2014 to August 24, 2016. Today nVidia set up a website, gtx970settlement.com, where users can submit their request to receive $30 as part of the lawsuit. The other part of the settlement involves paying out $1.3 million in legal and attorney fees.

As the Ars Technica report points out, the $30 number amounts to 8.6 percent of the price of each card (Which sold for around $350). The missing difference in horsepower (0.5GB of video ram) amounts to 12.5 percent, meaning customers would have had to receive about $44 dollars to have been fully compensated for the difference. The customers in the lawsuit claimed as much, but the eventually settlement came down to $30.

Anyone eligible for a settlement payout has until November 30 to file their request for a payout. They can also send a letter requesting to opt out and sue nVidia on their own, file a comment in support or against the settlement, or ask to appear in court about the settlement.

[Source: gtx970settlement.com via NeoGAF]

 

Our Take
I know a couple people who bought 970s, though I don’t think they noticed the difference in horsepower. It’s a shame customers are only getting about 70 percent of what they’re owed, as false advertising can have huge implications on unknowing consumers.

Beta Test U.S. Residents Who Bought GTX 970 Graphics Card May Be Able To Claim Settlement

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