Investigation and pending class action against Weyerhaeuser Company; Advanced Environmental Recycling Technologies, Inc.; and Lowe's Companies, Inc. alleging that the composite decking system known as ChoiceDek is defective.
ChoiceDek is a composite material, primarily composed of wood fibers and recycled plastic, used in residential decking throughout the United States. Weyerhaeuser Company; Advanced Environmental Recycling Technologies, Inc.; and Lowe's Companies, Inc have sold hundreds of millions of dollars of this product since it was first introduced into the market.
The class action lawsuit alleges that ChoiceDek is defective because it develops extensive and recurring mold and mildew stains due to inherent manufacturing flaws and that Weyerhaeuser Company; Advanced Environmental Recycling Technologies, Inc.; and Lowe's Companies, Inc fraudulently advertised the product as being "low maintenance" despite having knowledge of these problems. The class action lawsuit contends that although the products are promoted as "virtually moisture proof," they are, in fact, highly susceptible to moisture in the outdoor environment. Additionally, the manufacturer of ChoiceDek acknowledges that it utilizes "contaminated" recycled plastic that it fails to adequately clean, which introduces food waste into the decking boards.
The class action lawsuit seeks an injunction that would require Weyerhaeuser Company; Advanced Environmental Recycling Technologies, Inc.; and Lowe's Companies, Inc to honor the warranty that comes with the product and replace defective decks or provide consumers with refunds.
Name (Stock Symbol)
Weyerhaeuser Company (WY)
Weyerhaeuser Company grows and harvests trees, builds homes, and manufactures forest products worldwide.
Advanced Environmental Recycling Technologies, Inc. (AERT)
Advanced Environmental Recycling Technologies, Inc. manufactures composite building and construction products from wood and recycled plastics. These products are sold under the ChoiceDek and MoistureShield brands.
Lowes Companies Inc. (LOW)
Lowes Companies, Inc. and its subsidiaries operate as a home improvement retailer.
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