Pella Puts Up $90M To Settle Window Defect Class Action

Law360, New York (March 12, 2013, 2:40 PM EDT) -- Pella Corp. and class members in a lawsuit alleging that defects in the company’s windows caused extensive property damage asked a federal judge on Monday to approve a settlement that Pella said is worth more than $90 million.

The move follows the court’s December denial of a request by a group of objectors to prevent notice of Pella’s settlement from being sent out to class members. Both the company and the plaintiffs said Monday the settlement is fair and should be approved.

“Class counsel believe that...
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