2104 filed in the u s.
Organic roof shingles lawsuit.
In this litigation in re.
The settlement agreement became effective on october 2 2010.
Iko and the plaintiff on behalf of the class have agreed to settle the canadian class action relating to alleged defects in iko organic shingles.
Hundreds or possibly thousands of dollars in shingle replacement costs may be reimbursed to each qualified claimant in this class action lawsuit settlement.
This settlement resolves a lawsuit over whether or not organic roofing shingles manufactured by the defendant certainteed corporation from july 1 1987 through 2005 are defective and failed to perform as promised when installed on buildings located in the united states and canada.
According to the suits defects in design and manufacture allow moisture such as water or snow to invade the shingles.
Iko does not admit any wrongdoing or liability.
What is the certainteed shingle recall about the shingle manufacturer certainteed was found guilty in a class action lawsuit for selling the defective organic roofing shingle.
Lawsuits filed against the different manufacturers of organic shingles alleging they are defectively designed and or manufactured and that the companies violated fair trade laws by misrepresenting their lifespan by offering warranties for 25 years or longer.
The settlement represents a voluntary resolution of claims.
This can cause the shingles to crack blister curl or blow off the roof and can also damage interior walls ceilings and other household structures.
Building products of canada corp la cie materiaux de construction bp canada denies the allegations asserted in the lawsuits and asserts that bp organic shingles are free of any defects and if properly installed will last throughout the entire warranty period.
Class action lawsuits have been filed against iko manufacturing alleging that the company s organic roofing shingles are defective and fail well before their useful life expectancies.
As part of the settlement iko paid 7 5 million for the benefit of class members.
Iko roofing shingle products liability litigation mdl docket no.
If you have certainteed organic shingles on your roof you may be able to file a claim if the shingles are damaged prior to the expiration of the warranty.
The iko defendants deny these allegations.
Hundreds of homeowners documented problems with the organic shingles and finally sued the company.
As a result the shingles would become warped or blow off leaving areas of the roof unprotected from the elements and allowing rain or snow to leak into underlying property.
