Lumber Liquidators Resolves California Air Resources Board (CARB) Inquiry
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Whitney Tilson Comments on Lumber Liquidators (LL) Following Revised CDC Report on Laminate Flooring
March 23, 2016 9:01 AM EDTWhitney Tilson sent out the following letter on Lumber Liquidators (NYSE: LL) to his investors earlier today.
Lumber... MoreLumber Liquidators (LL) Clears Two Important Hurdles - Wedbush
March 23, 2016 7:44 AM EDTWedbush analyst, Seth Basham, noted that yesterday marked two favorable developments for Lumber Liquidators (NYSE: LL) related to its sale of Chinese laminates. First, LL settled with the California Air Resources Board (CARB) and will pay a $2.5m fine without admitting any liability or wrongdoing. Second, the Center for Disease Control (CDC) issued an updated report with similar benign conclusions vs. its initial report. No change to Neutral rating.
Yesterday, CARB and LL announced a settlement related to laminate flooring sourced from China sold in LLs stores prior to May 2015 that contained elevated... More
Lumber Liquidators (LL) Shorts Pressured
March 22, 2016 2:06 PM EDTLumber Liquidators (NYSE: LL) shorts were pressured Tuesday after the company announced an agreement with CARB that resolves a previously disclosed inquiry regarding its laminate flooring products sourced from China. Shares gained roughly 15% in response.
Short interest in Lumber Liquidators remained elevated at... More
