Lowe's To Pay $3M To Settle ZIP Code Collection Suits
By Brian Mahoney
Law360, New York (April 27, 2012, 4:39 PM ET) -- Lowe's HIW Inc. agreed Thursday to pay up to $2.9 million to settle three class actions alleging the home improvement retailer illegally collected California customers' ZIP codes during credit card transactions — marking the second such settlement by a major retailer this month.
The four lead plaintiffs in the Lowe's actions asked U.S. District Judge Richard G. Seeborg to sign off on the settlement establishing a $2.9 million fund for the benefit of 180,000 known class members and about 100,000 unknown class members. Lowe's disputes and...