Actionable news
0
All posts from Actionable news
Actionable news in LL: LUMBER LIQUIDATORS HOLDINGS Inc,

Lumber Liquidators (LL) Stock Jumps, Wins Ruling on Cancer Warnings

NEW YORK (TheStreet) -- Shares of Lumber Liquidators (LL) were advancing 6.33% to $17.31 in early morning trading on Wednesday as a California Superior Court ruled in favor of the Toano, VA-based hardwood flooring retailer, denying that it had allegedly failed to warn consumers about cancer-causing formaldehyde in some of its flooring products.

The lawsuit was brought by consumer group Global Community Monitor and Sunshine Park, a hardware and building supply dealer. The two groups will have to pay $100,000 to Lumber Liquidators as reimbursement for costs, Reuters reports.

Global Community Monitor and...


More