For eligible claims submitted by august 5 2015 settlement class members can receive a cash payment of 4 for each watts toilet connector with an acetal coupling nut up to 5 toilet connectors per residence or other structure that they replace.
Watts water heater connector settlement.
The deadline to file a replacement claim is one year from the date of the final approval order.
However this fund will also be used to pay for notice administration litigation expenses and attorneys fees too.
For eligible claims settlement class members can recover up to 25 of documented costs of repairs for property damage caused by the failure of a watts water heater or floodsafe connector with a minimum recovery of 25.
Under the settlements watts has agreed to pay 14 million in total 10 million into a settlement fund for water heater connectors and 4 million into a settlement fund for floodsafe connectors.
For eligible claims settlement class members can recover up to 25 percent of documented costs of repairs for property damage caused by the failure of a watts water heater or floodsafe connector with a minimum recovery of 25.
The claims administrator will review claims to determine whether they are eligible and timely and pay the amount of the claims.
The settlements apply to anyone who owns or owned or leases or leased a residence or other structure located in the united states containing a watts water heater or floodsafe connector after november 4 2008 including persons who suffered property damage and or paid to repair property damage caused by the failure of a water heater or floodsafe connector.
These settlements include anyone who owns owned leases or leased a residence or other structure located in the united states containing a watts water heater or floodsafe connector after november 4 2008.
Payment of property damages.
Acetal is a type of plastic material.
While the plaintiffs in ponzo the inner tubing water heater supply connectors causes major water heater damage.
A settlement has been reached with watts water technologies inc.
For examples of watts water heater and floodsafe connectors please vist the affected products page.
Class members in the case claim that watts manufactured and sold them defective water heaters that caused significant damage to their homes.
There is no restriction on what brand of connector you purchase to replace your watts water heater or floodsafe connector.
Curtis klug and joseph ponzo and four other plaintiffs filed klug v.
And watts regulator co.
Now under the terms of watts heater and floodsafe connectors settlement watts will pay 14 million into the common settlement fund.
They deny all the allegations on them and say that their watts heater and floodsafe connectors are not defective in any respect.