More than a year after Lumber Liquidators stopped the sale of laminate wood flooring from China that was found to allegedly contain excessive formaldehyde levels, the flooring retailer and federal safety regulators have come to an agreement that the company won’t restart sales of the products and will provide customers who already installed the flooring with testing kits. [More]
More than a year ago, a 60 Minutes report on the formaldehyde levels in laminate flooring sold by Lumber Liquidators kicked off a string of investigations, and lawsuits, culminating with the exit of the company’s CEO. Today, California regulators finally closed the book on its Lumber Liquidators case after the retailer agreed to pay $2.5 million to settle charges is sold flooring that contained formaldehyde in excess of the state’s allowable levels. [More]
Two weeks ago, the Centers for Disease Control and Prevention released their report on formaldehyde levels emitted by certain types of laminate flooring, including but not limited to controversial lines imported from China and sold at Lumber Liquidators. Now the CDC has revised its report, noting that the levels of formaldehyde given off by the flooring could cause higher rates of cancer, breathing problems, and irritation than previously thought. [More]
Lumber Liquidators has had a tough time in the news cycle lately, what with two separate federal investigations: one alleging that some of their products give off potentially dangerous chemicals like formaldehyde, and another over allegedly illegally imported hardwoods. In an apparent effort to ease concerns over what its products are made from, the company is now promising to only sell vinyl flooring free of reprocessed plastics, which could contain potentially harmful chemicals.
Lumber Liquidators has officially pleaded guilty to violations of the Lacey Act, a law that bans illegally-harvested animal and plant products, including trees, from sale in the United States. It turns out that the offending hardwoods were illegally harvested because they were in forests in eastern Russia that are home to two species of endangered wild cats: the Amur leopard and the Siberian tiger. [More]
Discount flooring superstore Lumber Liquidators has found itself under two separate federal investigations this year: one alleging that some of their products give off potentially dangerous chemicals, and another alleging that the company illegally imported hardwoods. They’ve now settled the latter charge by pleading guilty, and will pay $10 million to the federal government and a wildlife charity. [More]
Following news reports of allegedly excessive formaldehyde levels in some of its flooring products — and subsequent lawsuits and investigations — the CEO of Lumber Liquidators has resigned from the top position at the company. [More]
While Lumber Liquidators has been the target of lawsuits and federal investigations into allegations that the company’s China-sourced flooring contains exceedingly high levels of formaldehyde, hardware giant Lowe’s is now facing similar accusations from the hedge fund analyst who helped spark the Lumber Liquidators investigation. [More]
Things are not going particularly well at Lumber Liquidators right now. Not only is the company facing more than 100 customer lawsuits and a federal consumer safety investigation over flooring it sold that may be releasing dangerous levels of formaldehyde, but the company is also facing criminal charges for selling wood that suppliers may have harvested illegally. [More]
In the wake of a primetime news report alleging that some flooring sold by Lumber Liquidators contained excessive amounts of formaldehyde, federal regulators at the U.S. Consumer Product Safety Commission have confirmed the agency is investigation the lumber company. [More]
Only days after a 60 Minutes report on the allegedly high formaldehyde levels in wood products sold by Lumber Liquidators, consumers have filed a potential class action against the company in federal court. [More]
Lumber Liquidators is one of those stores that does exactly what it sounds like: they sell wood and other building supplies at a discount. A report that aired this weekend on the CBS program 60 Minutes shared some scary findings from independent lab tests performed on samples of flooring purchased from the chain. The company counters that these tests are inaccurate, and that the people behind these allegations aren’t out to protect consumers. [More]
While some people conflate “recession” with “depression,” the enterprising gents at Lumber Liquidators are using it as a cheery marketing hook. An ad on their website shouts, “Take advantage of the weak dollar! We ship anywhere in the world.” I guess when your brand is all about the color yellow, it’s hard to be a mopeypants.