Bernstein Liebhard LLP Investigates Claims On Behalf Of Current Shareholders Of Lumber Liquidators Holdings, Inc.

NEW YORK, March 3, 2015 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Lumber Liquidators Holdings, Inc. ("Lumber Liquidators" or the "Company") breached its fiduciary duties to the Company by failing to ensure compliance with state law relating to formaldehyde levels in its products.

On February 25, 2015, the Company warned investors of (i) an upcoming negative 60 Minutes interview; and (ii) a potential Department of Justice probe. On Sunday, March 1, 2015, the 60 Minutes program aired, presenting evidence that Lumber Liquidators had sold laminate flooring made in China that contained formaldehyde levels that exceeded California health standards. 

These disclosures have damaged the Company's reputation and caused a large loss in market capitalization. Indeed, Lumber Liquidators' stock price plummeted over 25% on March 2, 2015, the first trading day after the March 1, 2015 60 Minutes program.

If you are a current Lumber Liquidators shareholder and are interested in discussing your rights and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or [email protected].

Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. The National Law Journal has recognized Bernstein Liebhard for twelve consecutive years as one of the top plaintiffs' firms in the country.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com

ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
[email protected]

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SOURCE Bernstein Liebhard LLP

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