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PHILADELPHIA, Oct. 29, 2018 /PRNewswire/ – The following is being jointly released by the NIBCO PEX Settlement Administrator on behalf of NIBCO Inc. (“NIBCO”) and Plaintiffs’ law firms, Berger Montague PC and Sauder Schelkopf LLC, to announce a class action settlement in the lawsuits captioned Cole, et al. v. NIBCO Inc., No. 13-cv-7871 (D.N.J.), and Meadow, et al. v. NIBCO Inc., No. 15-cv-1124 (M.D. Tenn.).
NIBCO and Plaintiffs announce that they have reached a $43.5 million settlement to resolve two nationwide class action lawsuits related to NIBCO’s PEX 1006 tubing that NIBCO manufactured from January 2005 through August 2012, as well as the F1807 yellow brass fittings and stainless steel clamps that were used with NIBCO’s PEX 1006 tubing.
Qualifying leaks have to have taken place before 2019.