In SEC filings, Lumber Liquidators revealed that the Department of Justice is contemplating criminal charges under the Lacey Act for importing illegally harvested wood.
Lumber Liquidator's net income was down 17%, in the fourth quarter compared to 2013, amid reports that the company may face criminal charges for Lacey Act violations.
The Forest Stewardship Council presented hardwood plywood and veneer manufacturer, Columbia Forest Products, with an award for leadership in building materials manufacturing
An investigation was announced on behalf of investors who currently hold shares of Lumber Liquidators Holdings Inc (NYSE:LL) over potential breaches of fiduciary duties by certain officers and directors of Lumber Liquidators Holdings Inc that caused damages to the company and NYSE:LL stockholders.
A class action suit by Bernstein Liebhard LLP claims Lumber Liquidators inflated its stock prices by failing to disclose CARB and Lacey Act violations to investors.
Bernstein Liebhard LLP today announced that a class action lawsuit has been filed in U.S. District Court for the Eastern District of Virginia on behalf of purchasers of securities of Lumber Liquidators, Inc.
Lumber Liquidators Holdings inflated its earnings during a 21-month period by importing illegally sourced lumber, a class action lawsuit filed today alleges.