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$2.5 Million Settlement Awarded in First Chinese Drywall Trial

Miami, FL: A $2.5 million settlement has been reached in the first ever Chinese drywall lawsuit to go to trial.

The suit, filed by Florida couple Armin and Lisa Seifart, alleged Miami-based Banner Supply Co knowingly sold them defective drywall. Banner was a distributor for Chinese-made Knauff Plasterboard contaminated drywall.

The Seifart's lawyer, Ervin Gonzalez, said the jury in Miami-Dade District Court found Banner to be liable on the grounds of negligence, public nuisance and unfair trade practices.

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Last updated on Jun-24-10

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