NVIDIA IS going to have to raid its piggy bank after a class-action lawsuit ruled against the GPU company.
The complaint came from a group of people who bought the GTX 970, one of Nvidia's most popular consumer GPUs. It was advertised as having 4GB of video access memory, but users found that only 3.5GB was usable and began to cry foul.
Nvidia has already received a $1.3m bill for attorneys and the like, but the settlement goes further by offering $30 to every consumer who believes they were misled by the GTX 970 specs.
Mathematically speaking that's based on the price of the 4GB GPU ($350) divided to reflect the missing half gigabyte.
Nvidia has yet to issue instructions to potential claimants, but the ruling has no upper limit and combines no fewer than 15 class-action suits, plus another pending action. One suit described the GTX 970 as "falsely advertised and negligently represented".
The buyers believe that the information that they were provided gave them an incorrect understanding of whether the product was correct for their needs.
“The settlement is fair and reasonable and falls within the range of possible approval,” burbled attorneys connected to the suits, according to Top Class Actions.
“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.”
Nvidia has denied all the allegations and the settlement was entered into as an attempt to meet the best interests of both parties. Basically, Nvidia has paid for it to go away, but a bottomless pot of money for sorry payments doesn't exactly smack of a company able to defend its stance without risking flammable trousers.
The resolution of the suit follows the filing of the first class-action suits against Microsoft for its alleged "deceptive" tactics in the rollout of Windows 10. µ
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