Lumber Liquidators Responds To Lawsuit Allegations
Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today issued the following statement in response to a lawsuit filed in California state court by the Global Community Monitor organization and Sunshine Park LLC:
"The allegations in this lawsuit concerning our product are simply flat-out false. Our product meets relevant environmental standards and undergoes rigorous, independent, third-party testing. More specifically, our internal testing and that conducted by third parties concluded that product levels fell well below the Proposition 65 "safe harbor" limits. Further, Lumber Liquidators' products are produced and independently tested to ensure compliance with the low emissions standards set by the California Air Resource Board (CARB). We apply these stringent California standards to products we sell nationwide.
In addition to providing safe, high-quality products, we are transparent about our quality control and assurance processes – for our California customers, we provide Proposition 65 notices on customer invoices and in-store signage.
In short, all of our flooring meets the highest quality and environmental standards – that's why we sell it, that's why we use it in our own homes, and that's why we are a market leader. We will not let factually inaccurate and legally flawed lawsuits filed by a party with a clear financial motive influence our approach to our business or our customers."
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.