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.
Production of oriented strand board osb panels.
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.
This lawsuit led to the revelation of some very serious louisiana pacific siding problems and opened the eyes of homeowners looking for seattle.
Lieff cabraser served as co lead class counsel on behalf of a nationwide class of homeowners with defective exterior siding on their homes.
Louisiana pacific corporation lp makes a variety of engineered wood products including smartside siding.
The publically traded company was founded in 1973 and is headquartered in nashville.
This lawsuit ended up resulting in a judgment for the homeowners that added up to 25 million bucks.
Lp products are sold to builders and homeowners.
Plaintiffs asserted claims for breach of warranty fraud negligence and violation of consumer protection statutes.
In re louisiana pacific inner seal siding litigation.
Louisiana pacific corporation commonly known as lp is an american building materials manufacturer it was founded in 1973 and is currently based in nashville tennessee lp pioneered the u s.
At lp we understand the challenging dynamics of the building industry deadlines limited skilled workforces potential liabilities reputation management and inventory shortages just to name a few and how those are amplified during this time of unparalleled unknown amid covid 19.
Over 500 million has been paid out to customers regarding this suit.
After forming from a georgia pacific spin off in 1972 louisiana pacific was born.
Building through acquisitions the company bought fiberboard corporation and fifteen southern california building centers that provided the needed.
News stories7 min how lp building solutions is committed to you during covid 19.