Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
Gemfields Sued Over Alleged Human Rights Abuses
The colored stone miner said it would “vigorously defend” itself against the allegations surrounding its ruby mine in Mozambique.

According to a post on the website of Leigh Day, the law firm that filed the suit, more than 100 Mozambicans say they suffered a number of abuses at the hands of the security forces at the Montepuez mining site, which is 75 percent owned by Gemfields.
The claims made in the lawsuit include allegations of being “shot, beaten, subjected to humiliating treatment and sexual abuse, unlawfully detained, and/or forced to carry out menial labor.”
Leigh Day added that four Mozambicans are bringing claims forward on behalf of their sons, who were allegedly shot and killed by the mine’s security forces.
Matthew Renshaw, a lawyer in the international department at Leigh Day, told National Jeweler via email that ultimately, the claimants are alleging that Gemfields “breached its duty to them by allowing these alleged human rights abuses to happen at the mine.”
He said the colored stone miner has a high level of control over the mine and has assumed responsibility for what happens there, including in regards to its security operations.
“They (claimants) contend that Gemfields is, therefore, responsible in law for what is alleged to have happened to them at the mine,” Renshaw said.
Leigh Day chose to file the suit in the High Court in London because it is the city where “Gemfields has chosen to base itself, it is where it enjoys its profits, and where the claimants argue it has breached its duties to them.”
Gemfields is now 100 percent owned by Pallinghurst after completing the acquisition in July 2017. It has held its mining licenses at Montepuez since 2011.
When contacted, Gemfields and Pallinghurst both directed National Jeweler to the statement on the former’s website that was issued in February, when Gemfields was first advised that Leigh Day had filed the claim.
In the statement, the colored gemstone mining company said it would “vigorously defend” itself and added that it takes “allegations of this nature extremely seriously and denounce any form of violence or abuse.”
It also noted that Montepuez provides human rights training to employees and service providers, and offers the training voluntarily to the Mozambican police and government forces. It also hosts tours of its operations for people who are interested in assessing the company’s practices.
And while Gemfields acknowledges that past instances of violence have occurred at Montepuez, wherever they happened, Gemfields said the mine took, “decisive and appropriate steps, working closely with the authorities, including providing humanitarian assistance to artisanal miners and community members.”
It’s difficult to say how long the lawsuit could take it wind its way through London’s High Court.
Leigh Day filed the claims earlier in 2018 but said Gemfields was served with the suit this month.
Renshaw said the next formal stage in the litigation process is for Gemfields to file a defense to the claim. Defendants normally have four weeks to do this, but could ask for longer if they need additional time to investigate the allegations.
Cristina Villegas, director, mines to markets of nonprofit Pactworld, which works to improve the lives of people in marginalized areas around the world, sent the following statement to National Jeweler via email when contacted for context on the situation:
“Montepuez is a difficult operating area. There is intense competition over surface-level mineral resources, which compounds all the normal issues a larger-scale miner faces in the first place.
“Artisanal and larger-scale miners can operate in the same area, but it requires a lot to be able to do this, such as having the right governance climate, including settled land issues and clear rule of law. But when poverty, unsettled land tenure and high-value materials are all found in one area, even if you try to do everything right, you can find yourself in the middle of conflict.”
The Latest

Lichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.

Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Associate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.


Sponsored by Instappraise

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

Supplier Spotlight Sponsored by GIA

The brand’s first independent location outside of Australia has opened in Beverly Hills, California.

Cathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Connecting with your customers throughout the year is key to a successful holiday marketing push.

National Jeweler Editor-in-Chief Michelle Graff joined Michael Burpoe to talk tariffs, consumer confidence, and the sky-high price of gold.

Designer Lauren Harwell Godfrey made the piece as an homage to the 2025 gala’s theme, “Superfine: Tailoring Black Style.”

Expanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.

Located in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.

The episode about the family-owned jeweler will premiere May 17.

The Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.

The turquoise and diamond tiara hasn’t been on the market since it was purchased by Lord Astor in 1930.

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Located in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.

The deadline to apply for the Seymour & Evelyn Holtzman Bench Scholarship is June 12.