Real Estate
Cladding class action

Cladding class action

Prior to the 1980s, Masonite Corporation was a leading manufacturer of high-quality hardboard siding. Cost reduction efforts during the 1980s and 1990s resulted in the company producing an inferior product that warps, rot, soften, blister, and / or swell after routine exposure to moisture. Many buildings constructed during this time used faulty Masonite siding, causing millions of dollars in structural damage to homes and businesses. A class action lawsuit was filed against Masonite demanding monetary restitution on the grounds that the company had failed to honor its guarantee.

On January 15, 1998, the Circuit Court of Mobile County, Alabama, granted the plaintiffs a settlement in Naef v. Masonite lawsuit. The outcome of this Masonite follows eligible reimbursed claimants who owned property equipped with this defective siding for costs related to damages caused by it. If you own a building (condo, townhome, or multi-unit dwelling) with Masonite siding installed between 1990 and 1998, you qualify for a cash settlement from this class action lawsuit.

The average payment in this siding lawsuit is $ 3,000. Claimsource One has recovered over $ 15 million for homeowners and can help determine if you qualify for this siding class action lawsuit with an on-site inspection by a field technician. experienced and assured.

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