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Thursday, September 19, 2013

Tremco Roofing $60 Million Government Settlement May Open Floodgates For Consumer Claims, Comments Audet And Partners, LLP

In a whistleblower lawsuit filed by a former Tremco vice president, the company has agreed to pay more than $60 million to the federal government arising out of alleged misrepresentations and failures to provide accurate pricing information in its performance of federal contracts.
In the wake of a $60.9 million settlement with the U.S. Department of Justice last week in the case of United States et al. v. Tremco Inc. et al., case number 1:10-cv-01192*, in the U.S. District Court for the District of Columbia, RPM International, Inc, parent company of Tremco Inc., is facing heightened scrutiny for roofing systems and related products allegedly sold by Tremco to the federal government dating back several years.

As stated in court records, the False Claims lawsuit brought by the federal government and several state entities against Tremco arose out of information conveyed to the federal government by Gregory Rudolph, a former Vice President with Tremco. Mr. Rudolph provided testimony detailing a litany of false representations and failures to provide accurate pricing information made by Tremco in its sale of roofing systems and products to the federal and state governments.*

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