- Lumber Liquidators (LL +4.4%) was ordered by the DOJ to pay $13.15M for violations of the Lacey Act.
- The company sourced timber illegally from the last remaining habitat of Siberian tigers and Ampur leopards.
- Shares of Lumber Liquidators are off their session highs.
- Today's deal with the DOJ is unrelated to the formaldehyde matter.
- DOJ press release
- Previously: Lumber Liquidators pops on report of DOJ deal (Feb. 1)
Lumber Liquidators fined for nabbing timber from Siberian tigers' home
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LL | - | - |
LL Flooring Holdings, Inc. |