If You Are or Were a Residential Insulation Contractor, Please Read This Legal Notice/A Proposed Class Action Settlement Could Affect Your Rights

摘要

A court has preliminarily approved a proposed partial settlement of a class action lawsuit affecting a "class" or group of residential insulation contractors that may include you. The lawsuit claims that Masco Corp. and certain affiliates ("Masco") and at least five manufacturers or distributors (the "Defendants") conspired to violate the federal antitrust laws by agreeing to impose and maintain a "spread" between the prices that Masco pays for fiberglass insulation and the prices paid by residential insulation contractors.. The case is Columbus Drywall & Insul.. Inc.. v. Masco Corp.. No. 1:04-CV-3066 (N.D. Ga.). Defendants CertainTeed Corporation, Guardian Fiberglass, Inc., Guardian Building Products Distribution, Inc. (together "Guardian"), Johns Manville and Knauf have agreed to settle the lawsuit (the "Settlements"). CertainTeed, Guardian, Johns Manville and Knauf deny all wrongdoing and liability but have agreed to settle to avoid the expense and uncertainty of further litigation.