(PRWEB) August 06, 2013
Parker Waichman LLP, a national law firm dedicated to protecting the rights of consumers, is pleased to report that U.S. District Court Judge Benita Y. Pearson, in a Final Order, has approved the settlement for the product liability class action lawsuit against Gentek Building Products (Eliason, et al. v. Gentek Building Products, Inc., et al., Case No.: 1:10-cv-02093-BYP). Approval of the settlement was filed on Aug. 1, 2013, in the U.S. District Court for the Northern District of Ohio, Eastern Division.
The court appointed Jordan L. Chaikin, a partner at Parker Waichman LLP, who had been named to the Plaintiffs’ Executive Committee on Oct. 10, 2012, as Settlement Class Counsel. Additional law firms also were appointed as Settlement Class Counsel.
According to the Complaint, the siding manufactured and sold by Gentek is defectively designed and manufactured in such a way that it will prematurely fail, causing damage to consumer homes.
“We could not be more pleased with the settlement agreement,” said Jordan L. Chaikin, Partner at Parker Waichman LLP. “We are also quite pleased that homeowners and others in the class who were impacted by the defective exterior siding will be compensated.”
The lawsuit was filed on behalf of a number of Plaintiffs who alleged that the exterior siding manufactured by Gentek is defective and fails within the warranty period. The manufacturer’s warranty is supposed to cover cracking, chipping, flaking, peeling or splitting for the life of the purchaser. The warranty is in effect for 50 years from the original installation in the case that the property is sold to a new owner.
According to the lawsuit, the siding peels, cracks and chips are within the warranty period. Furthermore, the suit alleged that Gentek failed to honor its warr
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