LP Siding Lawsuit: A Class Action Settlement
In the 1990s, Louisiana-Pacific (LP) Corporation manufactured and sold a type of siding called Inner-Seal. Homeowners who installed Inner-Seal siding on their homes began to experience problems with the product, including cracking, swelling, discoloring, and even growing mold and fungus.
In 1996, a class-action lawsuit was filed against LP alleging that the company knew about the defects in Inner-Seal siding but failed to warn consumers. The lawsuit also alleged that LP engaged in deceptive marketing practices by promoting Inner-Seal siding as a durable and low-maintenance product.
In 2000, LP settled the class-action lawsuit for $1.2 billion. The settlement provided compensation to homeowners who had experienced problems with Inner-Seal siding.
What Can Homeowners Do If They Have LP Siding?
If you have LP Inner-Seal siding on your home, you may be eligible for compensation under the class-action settlement. You can visit the LP Siding Settlement website to learn more about your eligibility and how to file a claim.
What Has LP Corporation Done Since the Lawsuit?
LP Corporation has discontinued the manufacture and sale of Inner-Seal siding. The company has also developed new types of siding that are designed to be more durable and resistant to moisture and rot.
What Can Homeowners Do to Prevent Siding Problems?
Homeowners can take steps to prevent siding problems by:
- Choosing siding that is appropriate for their climate
- Installing siding properly
- Maintaining siding regularly
