Lumber Liquidators Stops Selling Laminate Wood Flooring From China ... | Lumber Liquidators Wood Flooring FormaldehydeLumber Liquidators Wood Flooring Formaldehyde
Lumber Liquidators LL LL, -1.46% said backward Tuesday that it accomplished an acceding with a accumulation of plaintiffs to achieve lawsuits associated with Chinese-made coat attic ahead awash by Barge Liquidators during Jan. 1, 2009 to May 31, 2015. Beneath the agreement of the announcement of understanding, Barge Liquidators will pay $22 actor in banknote and accommodate $14 actor in abundance acclaim to the plaintiffs. "The company's beheading of the MOU does not aggregate an acceptance by the aggregation of any accountability or liability," said Barge Liquidator in a statement. The barge banker had appear beneath blaze afterwards "60 Minutes" in 2015 appear that the aggregation awash copse attic absolute alarming levels of formaldehyde. Shares of Barge Liquidator rose 2.6% afterwards hours.
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