IKO and the Plaintiff (on behalf of the Class) have agreed to settle the Canadian class action relating to alleged defects in IKO Organic Shingles. As part of the settlement, IKO paid $7.5 million for the benefit of Class Members. The settlement represents a voluntary resolution of claims. IKO does not admit any wrongdoing or liability.
The settlement does NOT affect persons with IKO fiberglass shingles (some of which have been sold under the same brand names as IKO Organic Shingles).
The availability of Settlement Benefits are completely separate from the benefits available pursuant to the IKO Warranty Claims Process and are administered by an independent third party Claims Administrator.
Who can apply to receive Settlement Benefits?
Generally speaking, you are eligible for Settlement Benefits if you: (i) are a member of the Class; (ii) submit a timely claim; (iii) have an approved warranty claim; and (iv) did not receive IKO’s “Iron Clad” warranty benefits. In limited circumstances, you may also be eligible for Settlement Benefits if your warranty claim was denied. Click here for more information.
How do I apply to receive Settlement Benefits?
Class Members who wish to apply to receive Settlement Benefits must submit a claim.
Click here to submit a claim.
What is the deadline for applying to receive Settlement Benefits?
Class Members who received an IKO Offer/Release dated on or before February 11, 2018 or who are claiming based on a warranty denied prior to May 28, 2016, the deadline to submit a claim was April 11, 2018.
Class Members who received an IKO Offer/Release dated after February 11, 2018 must submit a claim within 60 days after the date of the IKO Offer/Release, and no later than December 31, 2023. Valid claims received on or before April 11, 2018 will be part of the first distribution. All other valid claims will be paid as part of the second distribution (after the December 31, 2023 claims deadline).
Class Members who received an IKO Offer/Release dated on or after May 28, 2016, but before December 11, 2017 will have until March 11, 2018 to sign the IKO Offer/Release in order to receive the warranty benefits. The warranty benefits will be in addition to any Settlement Benefits.
Class Members who received an IKO Offer/Release dated on or after December 11, 2017 will not be required to elect between receiving warranty benefits and participating in the class action. Any warranty benefits received will be in addition to any Settlement Benefits received.
All other claims not addressed above are released by the Settlement.
Answers to questions about eligibility are available here.
Answers to questions about the allocation of the settlement funds are available here. Initial distribution of settlement funds is expected to occur in October 2019.
Answers to general questions are available here.
Can’t find what you’re looking for? Contact the Claims Administrator.
Please do not contact IKO with questions regarding the administration of Settlement Benefits as the Claims Administrator, not IKO, is responsible for administering Settlement Benefits.