Lowe's to Pay $1M in Overcharging Settlement

Lowe's Home Centers LLC will refund more than $1 million to customers who were overcharged flooring installation fees, according to a settlement reached with New York state. Attorney General Eric Schneiderman said on Thursday that Lowe's, with 64 New York stores, overcharged 16,000 customers with a deceptive sales practice that it has since agreed to halt. The retailer had offered installation of carpeting, tile, wood and laminate flooring by third-party contractors at square-foot rates that were applied to materials bought, not those actually installed.