Jewelry Television
Lawsuits
On March 26, 2008, Jewelry Television filed suit in the U.S. District Court in Tennessee against Lloyd's of London, as a result of a criminal scheme the company alleges took place in 2006 and 2007. A person used a bank account of the Office of the Comptroller of the City of New York to buy more than $3.5 million in jewelry. Jewelry Television has cited that Lloyd's is exploiting a loophole in their insurance agreement to withhold recompensing the jeweler.
On May 23, 2008, a $5 million class action lawsuit was filed in California against Jewelry Television. The suit alleges since 2003 the shopping network has sold treated gemstones without disclosing the treatment while promising buyers that these stones were rare and untreated.
On May 19, 2009, a lawsuit was filed against Jewelry Television alleging wrongful termination and age discrimination, alleging a "scheme" to get rid of employees with expensive health care costs.
References
http://www.tvpredictions.com/jtv092108.htm
"Diamonds.net News - Jewelry TV Sues Lloyd's, Plans More Suits in $3M e-Payment Fraud". http://www.diamonds.net/news/NewsItem.aspx?ArticleID=21056. Retrieved 2008-03-29.
"Knoxnews.com - Jewelry TV Blasted in Suit- Shopping network sold stones deceptively, customer alleges". http://www.knoxnews.com/news/2008/jun/03/jewelry-tv-blasted-in-suit/. Retrieved 2008-06-03.
Harrington, Carly (2009-05-19). "Ex-Jewelry Television exec sues network". Knoxville News-Sentinel. http://www.knoxnews.com/news/2009/may/19/ex-jewelry-television-exec-sues-network/. Retrieved 2009-05-20.
See also
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Categories: American television networks | Shopping networks | United States broadcasting stubsHidden categories: All articles with unsourced statements | Articles with unsourced statements from May 2009
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