Lumber Liquidators received preliminary approval from a Virginia federal judge for a $36 million settlement in multidistrict litigation regarding alleged false claims that its Chinese-manufactured laminate flooring adhered to California formaldehyde emission standards, according to Law 360.
The litigation also involves suits filed against the company for deficiencies in Lumber Liquidators’ flooring.
The company had previously agreed to pay $22 million in cash and $14 million in vouchers to members of two settlement classes.
A number of class action lawsuits against Lumber Liquidators were filed after a “60 Minutes” investigation alleged the company had misrepresented that its flooring’s formaldehyde emissions were compliant with the California Air Resource Board’s emission limits. The flooring was found to be, on average, at least six times higher than the state’s standard, according to the investigation.
“We are very pleased with the order and we believe that the settlement includes substantial benefits to approximately one million class members, through a combination of cash and store credit vouchers to allow the class members to obtain replacement flooring,” plaintiffs’ counsel Alexander Robertson IV of Robertson & Associates LLP told Law 360.
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