Diamond Sellers Seek Friedman Bankruptcy

A group of jewelry sellers owed $9.1 million from Friedman's Inc. are trying to force the company into Chapter 7 bankruptcy -- the retailer's second trip to bankruptcy court in just over three years.

Three New York-based jewelry firms -- including the U.S. arm of India's Rosy Blue Group -- filed the involuntary Chapter 7 petition against Friedman's ON Tuesday in U.S. Bankruptcy Court in Wilmington, Delaware.

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