(IDEX Online News) – Sterling Jewelers Inc. and Zale Corporation said they reached agreement with respect to the lawsuit pending in The United States District Court for the Northern District of Ohio.

 

The parties have agreed to a negotiated resolution of the case which will go into full force and effect as of March 1, 2014.

 

The details regarding the settlement are confidential are not being disclosed.

 

The case centered on advertising by Zales that its Celebration Fire diamond was “the most brilliant diamond in the world”. Sterling Jewelers filed the lawsuit last November just as the holiday shopping season was getting started.