Update: You have two options regarding the GTX 970 lawsuit payout. The first option is you can file a claim before November 30th, 2016. This will entitle you to $30 per card assuming you have the required documentation.
Your second option is to opt out before November 8th, 2016. This will preserve your ability to sue Nvidia. The final approval hearing is scheduled for December 7th, 2016.
Official information regarding the litigation can be found here along with all necessary paperwork to file a claim.
Original Story: This week Nvidia lost a major class action lawsuit that has delivered a decisive blow to the company. The original filing claimed that the company's advertisement of the GTX 970's 4GB of VRAM was misleading to consumers. Reports during last year demonstrated that while it did have 4GB of VRAM, it was composed of two partitions, 0.5GB of which was much slower than the other 3.5GB.
Widespread outrage among consumers who faced performance issues and felt lied to resulted in a ferocious lawsuit that required more than a year to complete.
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The court has sided with the plaintiff, which means that Nvidia will now pay $1.3 million in attorney fees. More importantly, everyone who has ever purchased a GTX 970 is owed $30.
Given that the GTX 970 is one of the best-selling graphics cards of all-time, there are a lot of consumers right now looking for information on how they can claim their portion of Nvidia's payout.
As long as you still have proof of purchase, you'll soon be able to send your information to Nvidia to claim the $30 that it owes you. However, if you purchased your card from Amazon or Newegg you may be able to get a partial refund immediately.
Several users have shared chat sessions with Amazon suggesting that a 20% refund is being given out to those who purchased the GTX 970 on their account. This 20% equates to around $60 to $70 depending on which specific card you purchased, and is well worth at least speaking with a representative to see if you qualify.
A couple users have also been successful on NewEgg where they received a 10% refund. This refund equates to around $30 to $40.
Note that you might not be able to claim a refund from either online retailer if you purchased your card more than a year ago. However, if you purchased it recently everything indicates that you should be successful on Amazon or Newegg.
There is currently no way to claim the $30 from Nvidia directly, but it should be possible in the very near future. We will update this article to share more information as it becomes available.
[ Editor's Note: Claims are now open. See the instructions at the top of this article to learn how to get your lawsuit payout. ]