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Lumber Liquidators plans $36M settlement in flooring cases

Lumber Liquidators has agreed to a $36 million settlement to resolve claims brought on behalf of people who bought Chinese-manufactured laminate flooring reported to contain unsafe levels of formaldehyde. The Virginia-based company said Oct. 24 that it has signed a memorandum of understanding to settle all claims in two class-action lawsuits filed in the Eastern District ...

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