Certainteed will pay 103 9 million to settle the class action approved by the court.
Asbestos siding class action.
Class ii asbestos work means activities involving the removal of acm which is not thermal system insulation or surfacing material.
The settlement is intended to resolve disputes between the parties about the performance of the siding.
It is still being manufactured at the catawba plant.
Many asbestos lawsuits have morphed into large class action suits with a very large multi district litigation mdl filing active for the last twenty years.
Asbestos siding was made by adding asbestos a naturally occurring mineral to portland cement.
This includes but is not limited to the removal of asbestos containing wallboard floor tile and sheeting roofing and siding shingles and construction mastics.
The manufacturers and suppliers of asbestos containing products have settled thousands of asbestos disease and mesothelioma lawsuits.
Certainteed corporation and representatives of owners of buildings on which the siding had been installed reached a proposed class action settlement.
Tennessee asbestos laws account for the high number of asbestos containing materials used in the state for a number of buildings.
The extent of this contamination becomes noted during natural disasters such as floods and tornados which are usually followed by an emergency period of asbestos abatement and inspection.
The class action is over the catawba siding was a better product but was lumped into the class action because it too is a hardboard siding.
Asbestos lawsuits and class action suits have dominated the news in recent years and led many to believe that even being near asbestos is a certain health risk but the truth is that it takes prolonged exposure to airborne asbestos fibers to truly be at risk something that very very rarely happens with asbestos house siding.
The first asbestos lawsuits arose in the 1920s with a new flood originating and being settled in the 1970s 1980s and early 1990s.
The resulting product was very durable fire resistant and absorbed paint well.
One person serves as the representative for the case but dozens or even hundreds of people can take part in the lawsuit.
Mesothelioma class action lawsuit settlements have resulted in millions of dollars being awarded to asbestos victims to help pay for their medical treatment and time away from work and pain and suffering.