A proposed settlement in a Lowe’s Chinese Drywall class action lawsuit has attracted more flack. According to a report on ProPublica, critics of the settlement question both its structure and its notification provisions.
Under the proposed settlement, claimants who say they purchased defective Chinese drywall from Lowe’s would receive gift cards in amounts ranging from $50 to $2,000. Those who can prove they’ve suffered more than $2,000 in damages may also receive up to $2,500 in cash. (more…)
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