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WD Opens Up Lab-Grown Patents to Distributors
WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them to distribute chemical vapor deposition (CVD) stones in North America and beyond.The deals with Altr and Altr...
Financial-Legal Oct 25, 2020 Rapaport News
kay
Signet Settles EEOC Discrimination Case
Signet Jewelers has settled a legal case over gender discriminationwithout having to admit fault or pay damages.The Equal Employment Opportunity Commission (EEOC) suedSterling Jewelers, a division of Signet, in 2008, alleging that the retailerhad discriminated against...
Retail May 07, 2017 Rapaport News
Saxendrift Rockwell
Rockwell Sales Slump Amid Legal Woes
Rockwell Diamonds reported revenue dived 51 percent to $2.7million (CAD 3.5 million) in the third fiscal quarter as litigation forced thecompany to suspend operations at its Wouterspan mine in South Africa.Rough diamond sales plummeted 65 percent to $1.8 million(CAD...
Mining Jan 17, 2017 Rapaport News
Chidliak Project
BHP Billiton, Peregrine Settle Litigation & End Chidliak Royalty Deal
BHP Billiton Canada (BHPB) settled litigationwith Peregrine Diamonds and ended a royalty agreement with the diamond minerrelated to the Chidliak project in Canada.Under theroyalty arrangement, Peregrine had granted BHPB 2 percent of future mineralproduction, including...
Financial-Legal Jan 25, 2016 Rapaport News
blue nile logo
Blue Nile, Atit Settle Litigation with Three Plaintiffs over Cushion-Cut Diamond
A lawsuit in the U.S. against online diamond retailer BlueNile and polished diamond supplier Atit Diamond Corporation has been settled.Blue Nile and Atit were defendants in litigation in the U.S.District Court for the Southern...
Financial-Legal Jan 21, 2016 Rapaport News
lazare kaplan
Lazare Kaplan's FY Revenue +4% to $71M
Lazare Kaplan International anticipates that revenue rose by $3 million to $71 million for the fiscal year that ended on May 31, 2014. However, sales plummeted 20.4 percent year on year $54.3 million, due to a decrease...
Manufacturing Sep 03, 2014 Jeff Miller
court
Lazare Kaplan's Revenue Rises From GIA Settlement
Lazare Kaplan International Inc. informed the Securities & Exchange Commission (SEC) that it would again be late in filing financial statements for the second fiscal quarter that ended on November 30. Lazare Kaplan has...
Manufacturing Jan 16, 2014 Jeff Miller
lazare kaplan
Lazare Kaplan Estimates FY Sales -36% to $68M
Lazare Kaplan International Inc. notified the Securities and Exchange Commission (SEC) of its intention to again file its most recent fiscal-year report late for the period that ended on May 31, 2013, following...
Financial-Legal Sep 09, 2013 Jeff Miller
dgse
DGSE to Settle Stockholder Litigation Matters
DGSE Companies and all other defendants have entered into an agreement ''in principle'' to settle class action and derivative litigation related to DGSE's previously-disclosed accounting irregularities and subsequent restatement of its financial results.The proposed...
Financial-Legal Jun 07, 2013 Jeff Miller
lazare kaplan
Lazare Kaplan Estimates 3Q Sales -31% to $15M
Lazare Kaplan International Inc. notified the Securities and Exchange Commission (SEC) that it would again be filing a quarterly financial report late for the fiscal period that ended on February 28, 2013. Nonetheless, Lazare...
Financial-Legal Apr 16, 2013 Jeff Miller
lazare kaplan
Lazare Kaplan Anticipates a 23% Drop in Revenue
Lazare Kaplan International anticipates that its fiscal 2012 revenue will reflect a 23 percent year-on-year decline at $105.7 million for the 12 months that ended on May 31. The decrease in sales primarily reflected a drop in rough...
Financial-Legal Aug 30, 2012 Jeff Miller
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