Lowe’s to Settle Suit Over Workers’ Pay

Lowe’s Cos. has agreed to settle a long-running class-action lawsuit claiming that the company underpaid employees.

The Mooresville, N.C.-based home-improvement chain and plaintiffs in the case said 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 as many as 75,000 current and former employees.