CLAIM CLOSED
Date for Filing a Claim has Expired
Under the MERIT CLASS ACTION SETTLEMENT,
owners of homes built by Merit Development, Inc.,
d/b/a Merit Homes, Kenneth Babcock and John McCormac
had the potential availability of benefits as they
relate to the Slab Repair/Slab Replacement of their
basement slab due to expansive soils. Also, a
Payment in Lieu was available rather than the owner
opting for the right to receive a payment toward
slab repair/replacement.
More detailed and precise terms of the Settlement
are available as outlined in the 1997 Civil Action
No. 95 CV 1417-5 at the Boulder District Court.
The court appointed Claims Administrator, William
R. Peterson is available for questions by email at
bpeterson@coloradomanagement.com.
The Merit Settlement finalized on December 4,
2003. No additional claims may be submitted.