Labor & Economic News Blog

Friday, September 22, 2006

Lowe's settles suit on underpayments

Lowe's settles suit on underpayments
Lowe's has agreed to settle a long-running class action lawsuit claiming the company underpaid employees. In court documents filed Friday in U.S. District Court in Kansas, the Mooresville, N.C.-based company and plaintiffs in the case said they had settled. But before filing the agreement, they wanted a judge to allow them to keep the details secret for now. Attorneys said requiring the details to become public knowledge could spawn copycat lawsuits and ultimately reduce the payments made to plaintiffs. Plaintiff attorneys have estimated that the case could affect up to 75,000 current and former employees of the nation's second-largest home-improvement chain.

 



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