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CertainTeed Reaches Preliminary $400M to $600M Settlement in Defective Shingles Class Action

This is a settlement for the lawsuit.

Minneapolis, MN: A nationwide class action settlement received preliminary approval by Judge Louis Pollak, US District Court Judge for the Eastern District of Pennsylvania, to make payments to tens of thousands of homeowners across the U.S. and Canada whose roofs have been adversely affected by defective organic shingles manufactured by CertainTeed Corporation.

The settlement has an expected value to the class of between $400 and $600 million, depending on the number of claims made.

The Complaint filed against CertainTeed on behalf of the consumers alleges that the CertainTeed organic shingles on their homes were substandard. The shingles were marketed as durable and offering long-lasting protection, yet not long after their installation many consumers experienced noticeable damage to their roofs and the underlying felt and plaster, as well as to their walls and ceilings.

Qualified individuals who own, or have owned, buildings affected by the defective shingles can expect to receive between $34 and $74 per square, depending on whether or not they have a valid warranty.

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Published on Dec-30-09


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