Three years later, Lumber Liquidators paid $36 million to settle class-action lawsuits brought by customers who bought the laminate between 2009 and 2015. The company did not admit wrongdoing in the ...

Lumber Liquidators, one of largest flooring retailers in the country, has agreed to pay a $33-million penalty for misleading investors about formaldehyde-laced laminate flooring from China.

Lumber Liquidators agreed to pay $33 million in fines after federal authorities accused it of misleading investors about selling laminate flooring that contained excessive amounts of formaldehyde.

Lumber Liquidators plans a $36 million settlement to resolve claims brought on behalf of consumers who bought Chinese-manufactured laminate flooring that the chain previously sold.

* Lumber Liquidators Holdings Inc - ‍co,plaintiffs in formaldehyde mdl ,entered into MOU to settle litigation related to chinese-manufactured laminate flooring sold by co ...

Lumber Liquidators has struggled since a "60 Minutes" segment last March alleged the company sold laminate flooring with unsafe levels of formaldehyde, a carcinogen. The report has pummeled the ...

None of those floors has tested above the remediation guideline. About 614,000 consumers nationwide purchased Chinese-made laminate flooring through Lumber Liquidators from 2011 through May 2015.

In March 2015, CBS’s “60 Minutes” sparked an investor stampede when it reported that Lumber Liquidators sold Chinese-made laminate flooring with unsafe levels of formaldehyde.

Shares of Lumber Liquidators were last seen trading up 16.6% at $15.46 on Friday, with a consensus analyst price target of $11.50 and a 52-week trading range of $10.01 to $22.98.

Federal regulators have closed an investigation of Lumber Liquidators after the company agreed not to resume sales of Chinese-made laminate flooring. Shares of Lumber Liquidators soared more than ...

For the story, “60 Minutes” did its own testing on laminate flooring available at Lumber Liquidator stores in five states. Thirty-one boxes were tested from Florida, Illinois, New York, Texas ...