Remember those stories about the drywall sold and installed by big American chains that turned out to be contaminated by noxious sulfur smells? Well, now Lowe’s has upped its max payout for affected homeowners from a max of $4,500 in cash and gift cards to $100,000. Replacing the amount of appliances and other possessions irreversibly tainted by the horrid smell can easily reach that one-hundred grand mark so this is a step in the right direction, and lays bare how paltry Lowe’s initial offer was. It’s just business, baby, stinky, stinky, business.
Instead of a few bucks and some gift cards, Lowe’s has amended its stinky Chinese drywall settlement so that plaintiffs can get up to $100,000 – money that will come in a lot more handy for people whose entire houses and most of their possessions were ruined by the sulphuric fumes.