If you were an Illinois citizen and an owner/tenant of property located within a 3-mile radius of the Chemtool Manufacturing Plant (Rockton, IL) on June 14, 2021, your rights may be affected.
This is a proposed settlement that would resolve litigation against Holian Insulation Company, Inc. (“Holian”) arising out of a fire at the Chemtool Manufacturing Plant located at 1165 Prairie Hill Road in Rockton, Illinois that began on June 14, 2021. As explained in greater detail, the proposed settlement will establish a fund of five million five hundred thousand dollars ($5,500,000.00) that will be used to make monetary awards to Class Members and to pay expenses of a Settlement Administrator and attorneys’ fees and litigation expenses to counsel for the Class. A copy of the proposed Settlement Agreement (“Settlement Agreement”) is available in Important Case Documents.
Please note that as explained in the notice, the proposed Settlement Agreement with Holian is separate from the previous class settlement with Chemtool Incorporated (“Chemtool”) arising out of the same incident. Please read the notice carefully as your rights under the proposed Settlement with Holian are distinct from those under the Settlement with Chemtool.