Lumber Liquidators Settles Formaldehyde Claims

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A federal district court approved Lumber Liquidators' $36 million settlement in a class-action lawsuit for formaldehyde emissions violations. The lawsuit was filed on behalf of 760,000 customers who purchased Chinese-made laminate flooring from the company between 2009 and 2015. Lumber Liquidators, who initially disputed the findings of a 60 Minutes investigative report, was also fined $2.5 million by CARB in 2016.

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