During the 1990s lp was the defendant in a major class action lawsuit over its osb siding product known as inner seal manufactured from the early 1990s through 1996.
Osb siding lawsuit.
District judge robert e.
Is the old inner seal that had the class action lawsuit.
Foremost among these were lawsuits pertaining to its simulated cedar inner seal exterior siding.
Lp had just gone through the fiasco of their earlier oriented strand board osb siding product inner seal which had major problems.
Jones entered an order final judgment and decree granting final approval to a nationwide settlement requiring louisiana pacific to provide funding up to 475 million to pay for inspection of homes and repair and replacement of failing siding over the next seven years.
If you watch modern houses being constructed nearly all of the wall sheathing sub floor and roof decking is done using osb.
The current success of lp smartside engineered wood siding options began with a lawsuit against a prior exterior wood siding product known as louisiana pacific inner seal siding.
Rain comes before the rainbow and such has been the case with lp smartside siding.
The company had initiated the class action lawsuit to speed up the process and.
In what was one of the largest class action lawsuits in the history of the siding industry lp paid out.
Over 500 million has been paid out to customers regarding this suit.