Louisiana Pacific Siding Lawsuit

Lp siding otherwise known as louisiana pacific siding was the product that a number of homeowners sued louisiana pacific in a class action lawsuit.

Louisiana pacific siding lawsuit.

The current success of lp smartside engineered wood siding options began with a lawsuit against a prior exterior wood siding product known as louisiana pacific inner seal siding. Lp s inner seal siding was the subject of a class action lawsuit. Louisiana pacific begins marketing its oriented strand board osb as an exterior siding. 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 problem with lp s inner seal generally is that it fails where exposed to the weather. Louisiana pacific hardboard 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. The class action suit agains louisiana pacific is over.

Mark suwyn replaces merlo as chairman and ceo. Over 500 million has been paid out to customers regarding this suit. Louisiana pacific acquires abt building products as part of its effort to focus on the building products market. This lawsuit ended up resulting in a judgment for the homeowners that added up to 25 million bucks.

Building through acquisitions the company bought fiberboard corporation and fifteen southern california building centers that provided the needed distribution points. The publically traded company was founded in 1973 and is headquartered in nashville. The class action lawsuit against louisiana pacific hardboard siding products is over. 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.

Plaintiffs asserted claims for breach of warranty fraud negligence and violation of consumer protection statutes. After forming from a georgia pacific spin off in 1972 louisiana pacific was born. 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. The settlement for that lawsuit has been paid so if you are reading this you have missed the opportunity to file a claim.