2015: "Lumber Liquidators(LL) shares continue their decline in trading today, falling 3.96% to $32.49, on Friday as the revelation of a pending $5 million class action lawsuit in Florida over what the plaintiffs allege are toxic levels of formaldehyde in its products continued to take its toll on the stock.
The lawsuit alleges that the company "deceptively manufactured, labeled and sold the toxic laminate flooring." This is the second lawsuit the company has faced over similar grievances since plaintiffs in California brought a suit against the company late last year."
thestreet.com/markets/lumber-liquidators-ll-stock-continues-decline-today-due-to-class-action-lawsuit-13070812