CertainTeed settled a class action lawsuit against the company for $103.9 million, according to CertainteedFiberCementSettlement.com. The settlement was approved on March 20, 2014, and the effective date of the settlement was August 11, 2014. Owners of buildings on which the siding had been installed were entitled to receive remedy under the settlement agreement, provided they submitted a claim according to the court order.Continue Reading
In this action, the representative plaintiffs alleged that the siding product sold by CertainTeed was subject to delamination, shrinkage, warping and other deficiencies that rendered the product unfit, as explained on CertainteedFiberCementSettlement.com. CertainTeed denied the allegations, but agreed to resolve the dispute in a settlement. The court ruling was settled in the U.S. District Court for the Eastern District of Pennsylvania. The amounts paid under the settlement are said to be inclusive of removing and disposing of the CertainTeed product, as well as the cost of the replacement siding and its installation.
Consumers wishing to submit a claim for remedy under the settlement were required to fill out and submit a claim form demonstrating their siding damage and additional documentation as requested by the claim form, notes CertainteedFiberCementSettlement.com. Each claim submitted required a review prior to approval, and was subject to any court appeals that could delay the payment of claims. Consumers who had previously resolved a warranty claim with CertainTeen prior to the effective date of the court settlement were ineligible for further reimbursement unless new qualifying damage could be proven, or if the settled warranty claim was paid after the effective date of the settlement.Learn more about Law