The Real Deal Miami

Banner agrees to $55M settlement

June 15, 2011 10:03AM


Banner Supply, the Miami company that provided a large amount of tainted Chinese drywall to South Florida, will pay $55 million to homeowners as part of its settlement. The plan must still be approved by Judge Eldon Fallon, who is presiding over a nationwide lawsuit in Louisiana, and homeowners must have received their drywall from Banner, as seen in the video above. [Sun Sentinel]