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A proposed class action lawsuit settlement with Louisiana-Pacific Corporation and ABT Building Products Corporation could mean cash refunds to South Carolina residents whose homes contain exterior composite wood trim sold under the names “TrimBoard,” “ProTrim” or ChoiceTrim.”
According to the South Carolina TrimBoard class action lawsuit, LP and ABTco designed, manufactured and sold exterior composite wood trim that is defective and prematurely deteriorates when exposed to normal conditions.
If you currently own or formerly owned a home or other building on which LP or ABTco TrimBoard, ProTrim or ChoiceTrim is or was installed, you’re considered a class member of the South Carolina TrimBoard class action settlement. The class also includes property owners who have replaced their TrimBoard and only includes the following counties in South Carolina: Aiken, Lexington, Richland, Kershaw, Chesterfield, Marlboro, Barnwell, Orangeburg, Calhoun, Sumter, Lee, Darlington, Dillon, Marion, Florence, Clarendon, Bamberg, Allendale, Hampton, Jasper, Beaufort, Colleton, Dorchester, Berkeley, Georgetown, Williamsburg, and Horry.
As part of the LP and ABTco TrimBoard settlement, you will be able to receive compensation for damaged TrimBoard that is still on your structure. Additionally, any class member who replaced their TrimBoard between December 1, 2001 and December 17, 2010 can submit a claim for the costs of replacing the damaged TrimBoard as long as they can show it was damaged when they replaced it. Anyone who owns a home on which TrimBoard was installed after September 20, 1997 will have at least 12 months to submit a claim after the settlement becomes final. After that, class member can only make a claim with 12 years of the date on which their TrimBoard was installed.
As of right now you do not need to do anything to join the class action lawsuit. If the court approves the proposed settlement in March, you will be given the opportunity to fill out a claim form to get payment from the LP TrimBoard settlement.
For more information about your rights in the South Carolina LP ABTco TrimBoard Class Action Lawsuit Settlement, visit www.LPTrimBoardSouthCarolina.com.
Updated February 15th, 2010
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