Markets

Lumber Liquidators settles with the SEC and DOJ over Chinese flooring supplier

Flooring retailer Lumber Liquidators announced settlements with the Securities and Exchange Commission and Department of Justice, paying a total of $US33 million. The company admitted to filing false statements regarding its use of Chinese-supplied laminate containing formaldehyde. Watch Lumber Liquidators trade live. Lumber Liquidators, one of the largest American retailers […]
Lumber Liquidators settles with the SEC and DOJ over Chinese flooring supplier