Wedbush still wary on legal risk with Lumber Liquidators

• Wedbush warns that legal risks are still in play with Lumber Liquidators (NYSE:LL), despite last night's good news from the CPSC.
• The investment firm points out that the the Multi District Litigation class action products liability lawsuit is still active.
• Previously: Lumber Liquidators settles with regulator (June 17)
• Shares of Lumber Liquidators are up 12.17% premarket to $14.84 vs. a 52-week trading range of $10.01 to $23.20.