By now, almost every consumer has seen the ubiquitous Lumber Liquidators commercials advertising their hardwood laminate flooring. The company is actually the largest retailer of hardwood flooring and its stock price has risen almost ten fold since 2011. Certain products of Lumber Liquidators, however, may be very dangerous to consumers, especially small child. In an expose that aired on March 1, 2015, CBS’ 60 Minutes revealed that laminate flooring made in China for Lumber Liquidators can contain up to 20 times the level of formaldehyde allowed under the law of some states, namely California.
Formaldehyde is a chemical typically contained in the glues used to bind wood particles together in order to make the laminate flooring. It is classified as a known cancer-causing substance and has been shown to increase the risk of developing certain cancers, including nasopharyngeal cancer and leukemia. In addition, formaldehyde can cause respiratory problems, nausea and burning and irritation of sensitive areas such as the eyes, nose and throat.
It will be interesting to see Lumber Liquidators response to this investigation and early indications are that the company could face severe financial consequences as its stock price fell precipitously the day after the 60 Minutes segment aired. In addition, the company could face criminal charges as well as civil lawsuits brought by people both injured by the formaldehyde and people seeking to have their laminate flooring replaced.
SUGARMAN has a long and storied tradition of pursuing claims on behalf of people and families who are injured or been negatively impacted by dangerous and defective products. If you have been hurt by a defective product and wish to speak to one of our attorneys regarding liability, please fill out a Contact Form, call us at (617) 542-1000 or e-mail email@example.com.