NVIDIA says it will pay each buyer of the GeForce GTX 970 graphics card $30 and will pay an additional $1.3 million in attorneys’ fees, according to settlement documents. The initial claim accused NVIDIA of having a graphics card that operated on 3.5 GB but was advertised as operating with a full 4 GB of video access memory, plus another .5 GB that was separated from the rest of the memory.
The GTX 970 NVIDIA graphics cards cost approximately $350 and the anticipated $30 payout was calculated to represent a portion of the cost of the storage and performance capabilities the consumers thought they were obtaining in the purchase of the product, according to the proposed settlement.
Instructions on how to file a claim for the Nvidia class action settlement were not immediately available. More about this in here!