Lumber Liquidators provided a business update for the first quarter ended March 31, 2015.

Consumer-rights firm Hagens Berman today filed a new class-action lawsuit against Lumber Liquidators allegeding that the company has orchestrated a “campaign of misinformation” including bogus home testing kits designed to under-report levels of formaldehyde for those with affected flooring. The firm’s investigation also revealed that the third party providing the home testing kits is not independent, but is being paid by Lumber Liquidators.

Lumber Liquidators is facing a federal class-action lawsuit for allegedly orchestrating a "campaign of misinformation," including charges it provided unreliable kits to homeowners seeking to test for formaldehyde emissions from their laminate flooring.

The adhesive story of the decade is without a doubt that of Lumber Liquidators. The billion dollar flooring firm is suffering through the worst that the investment community has to offer, abetted by a tale too complex for the media to convey.

Lumber Liquidators management may sue 60 Minutes for libel. The move, says Fox News, is buttressed by the Consumer Products Safety Commission's decision to use "non-destructive" testing in of the firm's flooring for excessive levels of formaldehyde.

Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, has deepened its connection to Virginia in recent months through charitable donations and continued expansion.

Separate investigations are being launched by the China Forest Products Industry Association and the U.S. Consumer Product Safety Commission into claims that Lumber Liquidators' Chinese manufactured laminate flooring is unsafe due to high levels of formaldehyde emissions.

Bosch's surprise launch of a joobsite table saw that stops instantly if the blade senses flesh was among the most viewed items. But a video and story of a magnetic-levitating design for a mappa burl shelf and table was the most popular wood industry report.

Lumber Liquidators (NYSE: LL) supported several educational organizations across America within the past year through its Lay It Forward philanthropic program, totaling $100,000.

GCM Announces New Testing Results of Lumber Liquidators Chinese-made Laminates; All Chinese-made Laminates Purchased for Testing Failed CARB Standards