![]() ![]() Information about Trex Company, visit About Trex Company This unnecessary distraction removed so that we can continue to focus on delivering the highest quality products to our valued customers. We stand proudly behind our award-winning decking, railing, fencing and trim products and we look forward to having Recognize this case for what it is an unconscionable and irresponsible abuse of the legal system, added Kaplan. We believe we have been wrongfully targeted in this case and, without exception, we stand firmly behind our warranty. These class action firms make their livings initiating speculative lawsuits merely as a way of leveraging settlements that result in large attorneys fees awards. Obligations to our customers and that these claims are completely without merit. ![]() Kaplan further commented, We believe we have fully met our This issue was entirely isolated to parts of the West Coast, only affected a small percentage of Trex decking materials produced in the Nevada plant,Īccording to Kaplan, Trex took a $45 million warranty reserve in the third quarter of 2007, and has honored Īnd continues to honor its warranty with respect to all affected product. In response to the claims of the case, which focus on product surface flaking, Ronald Kaplan, president and CEO of Trex Company, noted that, Trex has fully and publicly disclosed that a manufacturing problemĪffected a small percentage of product manufactured in its Fernley, Nevada plant beginning in 2003. (NYSE: TWP), the nations leading manufacturer and distributor of woodĪlternative decking, railing, fencing and trim, responded to a class action suit filed in Washington by a plaintiffs class action law firm alleging certain product defects. (BUSINESS WIRE) January 16, 2009 Trex Company, Inc. Lippert/Heilshorn & COMPANY RESPONDS TO FILING OF CLASS ACTION LAWSUIT Press Release issued by Trex Company, Inc ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |