Proposed Lowe’s Drywall Settlement Offers Small Payouts to Victims, Big Fees for Attorney

The $6.5 million settlement would pay relatively small amounts to individuals who had the tainted drywall in their homes. But the handful of attorneys who quietly negotiated the deal will receive a separate payment of $2.1 million. Victims will be compensated mostly in Lowe’s gift cards, offered in the amounts of $50, $250 or $2,000, depending on the level of documentation they can provide. Those who can prove they’ve suffered more than $2,000 in damages may also receive up to $2,500 in cash.

http://www.propublica.org/article/lowes-drywall-settlement-small-payouts-to-victims-big-fees-for-attorneys