NVIDIA has agreed to a preliminary settlement of a number of class action lawsuits surrounding its GeForce GTX 970 graphics card. The lawsuits claimed NVIDIA made false statements on the card's hardware specifications.
The first lawsuits were filed in early 2015, claiming that NVIDIA's statement that the GeForce GTX 970 had 4GB of GDDR5 RAM was false; in fact the card has 3.5GB of GDDR5 RAM, with the remaining 500MB running separately. The lawsuits also claim that the card had just 56 render output processors rather than the 64 that NVIDIA claimed it had.
Nvidia says it will pay each buyer of the graphics card $30 and will pay an additional $1.3 million in attorneys' fees, according to settlement documents. The overall settlement amount was not publicly disclosed within court papers, however Nvidia agreed to pay all consumers who purchased the GTX 970 graphics card and indicated there would not be a cap on the total amount it would pay consumers.
Even though the company is offering a settlement, NVIDIA has denied all allegations of any wrongdoing in this case.