A split en banc panel of the 3rd Circuit has reinstated a $295 million class action settlement in an antitrust case against diamond wholesaler De Beers after an initial panel of the court found the two nationwide classes involved in the settlement were improperly certified.

A class of more than 1.5 million consumers and 24-Hour Fitness Center Worldwide Inc.

A class of more than 1.5 million consumers and 24-Hour Fitness Center Worldwide Inc. have announced a $295 million settlement in a class action involving membership dues.

The 3rd Circuit has set aside a $295 million settlement of a class action antitrust suit alleging a price-fixing conspiracy in the international market for diamonds allegedly orchestrated by the De Beers group of companies headquartered in South Africa. The court ruled the settlement must be vacated because the lower court improperly certified a nationwide class of indirect purchasers despite recognizing that would bar some of those plaintiffs from pursuing such indirect claims under their own states’ laws.

With great fanfare, plaintiffs sent out press releases Thursday to announce a $173 million settlement in a class action over computer memory chips.