Louisiana Pacific Siding Lawsuit

The class action lawsuit against louisiana pacific hardboard siding products is over.

Louisiana pacific siding lawsuit.

After forming from a georgia pacific spin off in 1972 louisiana pacific was born. Mark suwyn replaces merlo as chairman and ceo. Louisiana pacific hardboard siding. Louisiana pacific begins marketing its oriented strand board osb as an exterior siding.

Between 1985 and 1995 800 000 homes were sided with a louisiana pacific lp product called inner seal that sparked one of the largest class action lawsuits in history after the siding began to fail. Building through acquisitions the company bought fiberboard corporation and fifteen southern california building centers that provided the needed distribution points. The settlement for that lawsuit has been paid so if you are reading this you have missed the opportunity to file a claim. Louisiana pacific corporation lp makes a variety of engineered wood products including smartside siding.

The most commonly seen problematic siding out there hands down is louisiana pacific inner seal siding. Louisiana pacific acquires abt building products as part of its effort to focus on the building products market. Over 500 million has been paid out to customers regarding this suit. The class action suit agains louisiana pacific is over.

This lawsuit ended up resulting in a judgment for the homeowners that added up to 25 million bucks. The class action was open to anybody with this siding on their homes that was installed prior to 1 1 96 and that siding is damaged or becomes damaged prior to 1 1 2003 and did not opt out during the opt out period. Lawsuits relating to defective osb exterior siding begin. Plaintiffs asserted claims for breach of warranty fraud negligence and violation of consumer protection statutes.

The class action was open to anybody with this siding on their homes that was installed prior to 1 1 96 and that siding is damaged or becomes damaged prior to 1 1 2003 and did not opt out during the opt out period. In re louisiana pacific inner seal siding litigation lieff cabraser served as co lead class counsel on behalf of a nationwide class of homeowners with defective exterior siding on their homes. The publically traded company was founded in 1973 and is headquartered in nashville. Lp s inner seal siding was the subject of a class action lawsuit.