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Tuesday, June 2, 2020  Spokane, Washington  Est. May 19, 1883
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Settlement Approved In Investor Lawsuit

By Compiled From Wire Services

A federal judge has approved a $65 million settlement in a class-action lawsuit filed against Louisiana-Pacific Corp. by shareholders.

The case consolidated about 10 lawsuits filed on behalf of investors who bought shares of the Portland-based company’s stock from Oct. 19, 1993, to May 24, 1995.

Shareholders claimed that L-P misrepresented its potential liability for producing house siding known as Inner-Seal. The imitation cedar siding absorbs water, rots and deteriorates prematurely.

Lawyers for the company and shareholders reached a preliminary agreement Nov. 22. Plaintiff’s attorneys in December mailed notices of the tentative agreement to 114,000 shareholders. They have until March 15 to file claims to share in the settlement.

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Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.