LL to Pay $30M in Bamboo Flooring Class-Action Suit

Richmond, VA, October 2, 2019-Lumber Liquidators has disclosed that it will pay up to $30 million as part of a settlement of a class-action suit over its Morning Star Strand Bamboo flooring that was purchased between January 1, 2012 and March 15, 2019, reports MarketWatch.

“Under terms of the settlement, the company will contribute $14 million and cash and provide $14 million in store-credit vouchers, with a potential $2 million in additional store-credit vouchers.”