Lumber Liquidators won a civil case, which had alleged the company for violating a state law in California that urges companies to report warnings regarding the possible harmful substances in their products.
formaldehyde cancer risk
Breaking News
Following CDC announement of the risk of carcinogen in its product, the company's stock plunged since last week. Lumber Liquidators is trying hard to win back trust from customers and investors.
Lumber Liquidators' shares dropped as a CDC health report elevated cancer risk factor in laminate flooring. The formaldehyde content increased the risk of cancer in certain flooring products.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Indiana Children's Museum Reportedly Exposed Total Solar Eclipse Watchers to Measles
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Student Loan Forgiveness Processing for This Group of Borrowers Will Stop Next Week
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags