Siding Class Action
Before the '80s, the 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 buckled, rotted, softened, blistered, and/or swelled after routine exposure to moisture. Many buildings constructed during this time used Masonite's defective siding, which caused millions of dollars in structural damage to homes and businesses. A siding class action lawsuit was filed against Masonite demanding monetary restitution on the grounds that the company had failed to meet its warrantee.
On January 15, 1998, the Circuit Court of Mobile County, Alabama, granted plaintiffs a settlement in the Naef v. Masonite lawsuit. The outcome of this Masonite suit reimbursed eligible claimants who owned property fitted with this bad siding for costs related to damage caused by it. If you own a building—condominium, town home, or multi-unit dwelling—with Masonite siding installed between 1990 and 1998, you qualify for cash compensation from this class action suit.
The average payout in this siding lawsuit is $3000. Claimsource One has recovered more than $15 million for property owners and can help determine whether you qualify for this siding class action with an on-site inspection by an insured, experienced field technician.
John Pawlak is the President of ClaimSourceOne Inc - http://www.claimsourceone.com
ClaimSource One is a claim service firm that specializes in assisting property owners recover cash settlements for damaged building products such as Masonite, Omniwood, Weyerhaeuser, ABTco & Stimson installed on their real property.
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