Ill. Judge Ends Shoddy Roofing MDL After OK'ing $30M Deal
Law360 (April 11, 2019, 9:17 PM EDT) -- The Illinois federal court overseeing the multidistrict litigation over IKO Manufacturing’s allegedly shoddy roofing shingles formally shut down the case on Thursday, after approving a $30 million settlement last month.
U.S. District Judge James E. Shadid said there wasn’t much left to do now that a deal has been struck and approved, and ruled that “all claims asserted against IKO Inc. on behalf of the class members are dismissed with prejudice.”
“The court maintains jurisdiction over this matter only for the purposes of enforcing the approved settlement agreement,” he added.
The Judicial Panel on Multidistrict Litigation centralized several suits against IKO...
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