Lumber Liquidators Flooring Investigation

Available only for purchases between 10 1 2020 10 13 2020.

Lumber liquidators flooring investigation.

Subject to credit approval. Lumber liquidators said it was cooperating with the investigation. The investigation was prompted by a march 2015 60 minutes report that. 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.

As part of the investigation more than 150 boxes of laminate flooring were tested in three certified labs. The stock traded close to 70 early last year when revelations of the imported flooring emerged. This flooring allegedly contains dangerous and illegal levels of the chemical formaldehyde. The laminate flooring was sold by lumber liquidators until last may when the company announced it was halting sales.

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. On purchases of 2 000 or more made with your lumber liquidators credit card from september 16 30 2020 subject to credit approval. Lumber liquidators is a u s. Shares of lumber liquidators holdings inc.

Minimum monthly payments required. 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. Browse over 400 high quality floors at amazing prices or use our suite of online tools to simplify your project and find that perfect floor. Minimum monthly payments required.

On purchases made with your lumber liquidators credit card from october 1 13 2020. Just quality flooring and a team of flooring experts to help you every step of the way. Rose 2 16 to 15 39 in morning trading friday. Order online now and pick your floor up in your local ll flooring store.