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Lumber liquidators flooring investigation.
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Company but much of its laminate flooring is made in china and as we discovered during our investigation may fail to meet health and safety standards because it.
The stock traded close to 70 early last year when revelations of the imported flooring emerged.
Available only for purchases between 10 1 2020 10 13 2020.
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On purchases made with your lumber liquidators credit card from october 1 13 2020.
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Rose 2 16 to 15 39 in morning trading friday.
As part of the investigation more than 150 boxes of laminate flooring were tested in three certified labs.
This flooring allegedly contains dangerous and illegal levels of the chemical formaldehyde.
Lumber liquidators said it was cooperating with the investigation.
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Virginia based lumber liquidators one of the largest flooring retailers in the country has agreed to pay a 33 million penalty for misleading investors about formaldehyde laced laminate flooring.
The laminate flooring was sold by lumber liquidators until last may when the company announced it was halting sales.
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Lumber liquidators flooring class action investigation greg coleman law pc is investigating allegations of defective laminate wood flooring manufactured in china and sold by lumber liquidators.
On march 1 2015 cbs news aired a 60 minutes investigation into claims that lumber liquidators chinese made laminate flooring contains dangerous levels of formaldehyde.
The investigation was prompted by a march 2015 60 minutes report that.
Lumber liquidators is a u s.