CASE UPDATE
October 10, 2012 - Status Unchanged
District Court Judge has not ruled on class certification
IKO Warranty ~ ‘Goodwill Release Offer’
Many individuals have contacted IKO regarding warranty claims and have received a ‘goodwill release offer’ from the company. Typically, this warranty offer will cover the cost of prorated materials and you will be given a 30 day period within which to accept or reject IKO’s offer. The decision to accept or reject IKO’s offer is a personal one and you will need to take your individual circumstances into consideration. In weighing your options you may find it useful to consider the following:
- You can accept IKO’s warranty / ‘goodwill release offer’ in which case you would sign a release of your claims against the company and most likely would not be able to participate in any potential class action settlement down the line.