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Violation Tracker Individual Record

Company: Banner Supply Co.
Penalty: $54,475,558
Year: 2013
Date: February 7, 2013
Offense Group: safety-related offenses
Primary Offense: product safety violation
Mega-ScandalDefective Building Materials
Violation Description: Banner Supply agreed to pay more than $54 million to settle its involvement in multi-district litigation concerning property damage caused by defective drywall.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Louisiana
Civil or Criminal Case: civil
Case ID: 2:09-md-02047
Case Name: In Re: Chinese-Manufactured Drywall Products Liability Litigation
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.