Certainteed Siding Settlement Second Payment

The first payment will be in the amount of 50 of the claim value as soon as the claim is administered.

Certainteed siding settlement second payment.

Certainteed has reached a settlement in a class action that alleges that its fiber cement siding is defective and has failed to perform as promised. Certainteed corporation and representatives of owners of buildings on which the siding had been installed reached a proposed class action settlement. January 1 2020 estimated claims administrator. Certainteed siding class action settlement.

The second payment would be made at the end of the claims period. Second consolidated amended complaint. The second payment would be made at the end of the claims period unless class counsel seeks approval from the court to accelerate payments based on the claims rate. Declaration of michael mcshane in support of plaintiffs motion for preliminary approval of class action settlement.

If less than 5 of the siding on a single wall section has qualifying damage then the payment will be based on the actual number of boards or panels with damage. There s a lot to consider when creating your home s exterior. The siding in question is certainteed weatherboardstm fiber cement siding lap siding vertical siding shapes soffit porch ceiling and 7 16 trim. The settlement allows a class member to make more than one claim during the claims period if there are additional problems with the siding.

Certainteed fiber cement siding litigation c o bmc group settlement administrator p o. The second payment would be made at the end of the claims period unless class counsel seeks approval from the court to accelerate payments based on the claims rate if less than 5 of the siding on a single wall section has qualifying damage then the payment will be based on the actual number of boards or panels with damage. Respond to deficient claim letter. Certainteed will pay 103 9 million to settle the class action approved by the court.

If you own a property in the united states as of 9 30 2013 on which specific certainteed products were installed on or before the date you may be eligible to claim up to several thousand dollars from the certainteed siding class action lawsuit the qualifying certainteed products include certainteed weatherboards fiber cement siding lap siding vertical siding shapes soffit porch ceiling. Memorandum of certainteed corporation in support of motion for preliminary. If your siding was installed within the last two 2 years your surestart warranty is likely still in force. Certainteed products are all designed to work together and give your home a beautiful finished look.

If this settlement would have provided you more you will be paid the difference between certainteed s warranty payment and the amount provided under the settlement. From siding and shingles to styles and colors. Certainteed fiber cement siding settlement home.