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Important Case Updates

Settlement Update for Richmond American Subclass C:

Class Counsel recently reached a tentative settlement with Richmond American Homes of Nevada, Inc. for a third subclass of homes. This is a partial settlement and will not provide enough money by itself to re-plumb homes. The settlement must still be approved by the Court and by the Class, which will take several months. The settlement may be appealed by other defendants in the case, which may substantially delay Class Counsel’s ability to use these funds for repairs. If the Court approves the settlement, and after all appeals are resolved for each settlement, including the Ipex settlement (see below), the funds will be combined to help pay for the cost of re-plumbing the Richmond Subclass B members’ homes. For more information regarding these settlements and how they may affect your rights, please read the Notice of Preliminary Approval of Settlement and Fairness Hearing (“Notice”) document for Richmond American Subclass C. For your convenience, the Notice document is located in the Updates section of this website. If you have questions that cannot be answered by the Notice, you may contact our office at the telephone number provided on this website.