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The De Beers diamonds antitrust class action sought to end an alleged 60-year conspiracy to fix the price of rough diamonds in the U.S. by the De Beers group of companies. The litigation includes several cases including Hopkins v. De Beers Centenary A.G., et al., No. CGC-04-432954, which commenced on July 24, 2004, and Sullivan v.
ALTR Created Diamonds is a division of the R.A. Riam Group, a wholesale jeweler based in New York City. [2] The principles of Riam Group were heirs to a heritage of 80 years in the mined diamond business, when they released their first lab-grown diamond. [3] Riam introduced ALTR Created Diamonds at JCK Las Vegas trade show in 2016. [4]
SODIAM was founded in November 1999 as a subsidiary of the state-owned diamond mining company ENDIAMA for the purpose of regulating and certifying diamond sales and exports. During the Angolan Civil War , rebel groups such as the National Union for the Total Independence of Angola (UNITA) were in control of much of the countryside, including ...
Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
In 2012, the company began also selling polished diamonds and diamond jewelry directly to consumers through its website. The company was founded by Carter Clarke Jr., a retired United States Army brigadier general and son of Carter W. Clarke , beginning as a 30,000-square-foot factory, outside Sarasota , Florida. [ 7 ]
ULTRA was a manufacturer as well as a direct importer of diamonds, gemstones, and gold jewelry. At one point, Ultra operated over 100 stores in outlet centers and 38 other format locations (primarily licensed jewelry departments). The company went through though bankruptcy in 2001–2002 and again after the financial crisis of 2007–2008.
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