GAF Timberline® Shingles Settlement

In re: Building Materials Corp. of America Asphalt Roofing Shingle Products Liability Litigation, MDL No. 8:11-mn-02000 (D.S.C.)

If You Own Property With GAF Timberline® Roofing Shingles Made Between 1998 and 2009, then you might be a Class Member in the above referenced lawsuit. A proposed settlement of this class action has been preliminarily approved. IF YOU ARE A CLASS MEMBER, THE PROPOSED SETTLEMENT WILL AFFECT YOUR LEGAL RIGHTS AND OBLIGATIONS.

Settlements have been reached with Building Materials Corporation of America (known as GAF Materials Corp.) (“GAF”) involving Timberline® roofing shingles (“Shingles”). The lawsuits claim a defect that might cause the roofing Shingles to prematurely crack, split or tear. GAF claims that the Shingles were not defective and that GAF’s warranty appropriately covers any problems.

The Settlements include two Classes covering Shingles made: (1) between 1999 and 2007 at GAF’s plant in Mobile, Alabama and (2) between 1998 and 2009 at other GAF manufacturing plants.

You may be included if you own any property in the United States with Timberline® Shingles made during the relevant time periods.

The benefits you may be eligible to receive are based on: (1) the location of your property, (2) where your Shingles were made, (3) the date your Shingles were installed and the date on which you make a claim, (4) the type and extent of damage to your Shingles, and (5) the size of your roof.

You may be eligible to receive: (1) replacement shingles (comparable to the Shingles installed) and/or (2) a cash payment. The Settlements will not reduce the benefits you may be entitled to under any existing GAF warranty.

The attorneys representing the Classes are asking the Court for attorneys’ fees (up to $6,890,000 in total) and costs and expenses (up to $1,115,000 in total). Counsel will also request an incentive payment for the Class Representatives. The payment of costs and expenses, and the incentive awards, will be paid by GAF and will not reduce the benefits under the Settlements.

The attorneys representing the Class covering Shingles made in Mobile are also asking for a portion of the additional benefits going to Class Members with property outside South Carolina. These fees will not be paid by GAF and would in these instances reduce a percentage of the enhanced benefits to some Class Members.

If you do not want to be legally bound by the settlement, you may opt out of the settlement by sending a request for exclusion form to the address noted in question 15 of the Long Form Detailed Notice postmarked no later than March 16, 2015. If you exclude yourself from the settlement, you will not receive any money or other benefits from the settlement. If you stay in the settlement (i.e. do not exclude yourself from the settlement), you may object to the settlement by explaining in writing why you do not like the settlement postmarked no later than March 16, 2015 to the addresses noted in question 19 of the Long Form Detailed Notice. If you do nothing (i.e. submit no claim or request for exclusion) you will not receive any benefits from the settlement but will nevertheless be bound by the settlement. All Settlement Class Members who do not exclude themselves will be bound by any judgment approving the settlement and will give up any right to sue GAF for any known or unknown claims relating to Timberline® roofing shingles.