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

| Source: topclassactions.com Author: Mark Campbell

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.

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.

Nvidia has agreed to a preliminary settlement after GTX 970 3.5GB fiasco. Who wants $30?https://t.co/XCbb663xuv pic.twitter.com/xmiaJy4hnU — OC3D (@OC3D) July 28, 2016

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