Home Depot and Lowe’s shoppers check your receipts! New ‘heating’ settlement is handing $1,500 checks to Am...
Summary
Rheem Manufacturing Co. and Melet Plastics Inc. have agreed to a settlement regarding defective poly drain valves in their water heaters, potentially impacting customers who purchased Rheem water heaters from retailers like Home Depot and Lowe’s between 2019 and 2023. The plaintiffs alleged these valves were prone to leaking, causing property damage. While the companies haven't admitted wrongdoing, they've agreed to the settlement to avoid further legal battles.
Eligible claimants can receive up to $1,500 to cover documented losses related to the defective valves, including installation and repair costs. The amount received may be proportionally reduced if the total claims exceed $500,000. Specific part numbers must be verified to determine eligibility, and claimants will need to provide proof of purchase and any related expenses.
Beyond monetary compensation, class members are also eligible for warranty extensions (parts-only or parts and labor, with limitations) or a new brass drain valve (limited availability). Claims can be submitted online or by mail, with a deadline of March 20, 2026. Payment will be distributed after a final approval hearing on May 11.
(Source:The Sun)