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March 3, 2015

Lumber chain stays flooring products safe

  • The defense came the day after “60 Minutes” aired findings that some of Lumber Liquidators' flooring made in China had high levels of formaldehyde, a carcinogen.

    • TOANO, Va. (AP) — Lumber Liquidators is refuting a “60 Minutes” report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years.

    In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by regulators throughout the U.S. The defense came the day after “60 Minutes” aired findings that some of Lumber Liquidators' flooring made in China had high levels of formaldehyde, a carcinogen.


     
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