Lumber Liquidators Holdings Inc., whose stock has plummeted since a “60 Minutes” exposé revealed that its hardwood laminate flooring products contained illegal levels of formaldehyde, is fending off a raft of shareholder lawsuits filed against its top executives, many of whom have abruptly left the company.
The shareholder lawsuits are separate from the more than 100 consumer class actions coordinated before U.S. District Judge Anthony Trenga in the Eastern District of Virginia.
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