Lumber Liquidators Chinese Flooring Lawsuits

Lumber Liquidators Reports Loss After Chinese Flooring Report

A recent article on reported that Lumber Liquidators’ stock fell after the company posted a loss for the second quarter of 2015. Analysts said the loss stems from the “60 Minutes” report that the company’s flooring from China contained levels of formaldehyde above what is considered safe by U.S. emissions standards.

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Lumber Liquidators CEO Abruptly Quits

A May 2015 article on reported that Lumber Liquidators Chief Executive Officer Robert Lynch unexpectedly resigned from the company. The resignation comes at an inopportune time for the company as it hoped to rebound from the negative press surrounding the “60 Minutes” report

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