Lumber Liquidators pays $33M to settle fraud charges

Published: 12/03/2019
Lumber Liquidators pays $33M to settle fraud charges
Source: NYPOST.COM

Lumber Liquidators lied to investors and the public when it denied that its laminate flooring contained high levels of formaldehyde following an explosive “60 Minutes” undercover sting, federal prosecutors said Tuesday. The Toano, Va., company was charged with fraud and slapped with $33 million in fines and penalties as part of a deal that also...

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