'

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco

 

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco, promising to pay each GTX 970 buyer in the US around $30 as well as $1.3 Million in attorney's fees.

The overall settlement amount has not been publically disclosed in court papers, though Nvidia has agreed that there will be no cap on the total amount that they will pay to consumers, meaning that all owners of the GTX 970 in the US should get some money back if they apply for it.  

This court case was started in February 2015, after it was discovered that the last 0.5GB of the GTX 970's 4GB of GDDR5 VRAM would run at up to 80% slower than it was supposed to, alongside the discovery that the GPU had less Render Output Processors (ROPs) and less memory cache than was advertised by Nvidia. 

In this lawsuit, Nvidia was said to have engaged in false advertising, deceptive business practices and to have violated California's business law for unfair business practices. 

  Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB memory fiasco

At this time those who purchased a GTX 970 have no way of claiming this money, though we will work to give you this information when it becomes available. 

Nvidia still denies all allegations of wrongdoing but are now entering into this settlement believing that it is the best move for all parties involved. Those who purchased a GTX 970 in the US is expected to receive around $30, though the payout amount is yet to be finalized. 

We will provide more information on this story as it becomes available.

 

You can join the discussion on Nvidia reaching a preliminary settlement over the GTX 970's 3.5GB memory issue on the OC3D Forums

 

«Prev 1 2 Next»

Most Recent Comments

28-07-2016, 14:38:29

NeverBackDown
Quote:
Nvidia still denies all allegations of wrongdoing
If that were the case they shouldn't have settled then. And just goes to show they really don't care about there consumers when they flat out lie to then get caught and still deny it. It's not like those engineers had no clue what they were doing..Quote

28-07-2016, 15:31:04

SeekaX
Quote:
Originally Posted by NeverBackDown View Post
If that were the case they shouldn't have settled then. And just goes to show they really don't care about there consumers when they flat out lie to then get caught and still deny it. It's not like those engineers had no clue what they were doing..
Settling isn't a matter of right or wrong, settling is a matter of cost. If running the court case is more expensive than the settlement, you settle.
Admitting to wrong doing would be worse for their reputation than denying it and it would invite follow up lawsuits, them not caring about you as an individual isn't exactly a news flash and applies to every single large company out there, i have no idea why people expect companies to care about their feelings. Whether they knew or not doesn't really matter either. Either they knew and they shouldn't have advertised it as a 4GB card or they didn't know, but should have known. What do i care whether they owe up to it or not.Quote

28-07-2016, 15:49:24

RobM
With their exorbitant pricing they can easily afford to settle as for reputation I think that has been damaged alreadyQuote

28-07-2016, 16:33:02

MiNo
I know Many with a 970. They are all very happy with their card.

While specs should be correct, it saddens me that so Many people focus on a technicallity. Many angry at NVIDIA does not Seem to have owned a 970 or if they do - they have not den the problem other than when trying to replicate it.Quote

28-07-2016, 16:38:04

Pr3d4t0r
970 was still a great card imo, but fact is they neglected to specify vram speeds and volume.

Oh well $30 is $30. inb4 vouchers.Quote
Reply
x

Register for the OC3D Newsletter

Subscribing to the OC3D newsletter will keep you up-to-date on the latest technology reviews, competitions and goings-on at Overclock3D. We won't share your email address with ANYONE, and we will only email you with updates on site news, reviews, and competitions and you can unsubscribe easily at any time.

Simply enter your name and email address into the box below and be sure to click on the links in the confirmation emails that will arrive in your e-mail shortly after to complete the registration.

If you run into any problems, just drop us a message on the forums.