Beacon Roofing Supply Announces Settlement of Litigation Against SRS Distribution, Inc.

HERNDON, Va.--()--Beacon Roofing Supply, Inc. (NASDAQ: BECN) announced today that it reached a settlement agreement with SRS Distribution, Inc. in litigation filed by Beacon in 2014 in Miami-Dade County, Florida Circuit Court. Business terms of the confidential settlement agreement with SRS were not made publicly available. The litigation remains pending against the two former SRS employees who Beacon also named as Defendants in the lawsuit.

About Beacon Roofing Supply

Founded in 1928, Beacon Roofing Supply, Inc. is the largest publicly traded distributor of residential and commercial roofing materials and complementary building products, operating 375 branches throughout 47 states in the U.S. and 6 provinces in Canada. To learn more about Beacon and its family of regional brands, please visit www.becn.com.

BECN-F

Contacts

Beacon Roofing Supply, Inc.
Ross Cooper, Executive VP, General Counsel & Secretary
301-272-2123
RCooper@becn.com

Release Summary

Beacon Roofing Supply has reached a settlement agreement with SRS Distribution, Inc. in litigation filed by Beacon in 2014 in Miami-Dade County, Florida Circuit Court.

Contacts

Beacon Roofing Supply, Inc.
Ross Cooper, Executive VP, General Counsel & Secretary
301-272-2123
RCooper@becn.com