Meanwhile, the company has announced that it will stop the sale of certain products. Lumber Liquidators, one of largest flooring retailers in the country, has agreed to pay a $33-million penalty for misleading investors about formaldehyde-laced laminate flooring from China. Amid concerns about the levels of toxic formaldehyde in certain laminate flooring, Lumber Liquidators has announced that it will halt sales … That’s all well and good for the company, however, homeowners who installed Lumber Liquidators wood flooring with dangerous levels of formaldehyde aren’t off the hook so easily. We call our community support program “Lay It Forward” and, since 2007, Lumber Liquidators has donated more than 300,000 square feet of flooring to nonprofit organizations, schools, arts facilities, community groups and more. Some are claiming that Lumber Liquidators’ Chinese-made laminate “just doesn’t emit harmful levels (of formaldehyde) in the home” and thus “there won’t be any sick people.” Lumber Liquidators® is providing test kits for formaldehyde in indoor air to customers who purchased their laminate flooring. It is estimated that producing laminate flooring tainted with formaldehyde and which is not CARB-compliant cuts manufacturing costs by up to 15%, an enormous margin for a company of its scale. Every location is staffed with flooring experts who can provide advice and useful information about Lumber Liquidators' low priced product, much of which is in stock and ready for delivery. Lumber Liquidators’ long nightmare is over, but it has a ways to go before it fully recovers from its laminate flooring crisis. That’s all well and good for the company, however, homeowners who installed Lumber Liquidators wood flooring with dangerous levels of formaldehyde aren’t off the hook so easily. Feds: Harmful formaldehyde levels in Lumber Liquidators flooring. Lumber Liquidators, Formaldehyde And Asbestos by Whitney Tilson, Seeking Alpha Summary. Lumber Liquidators Flooring From China: What You Need to Know About the CDC's New Report CDC released new report on formaldehyde levels in the flooring. The formaldehyde story comes from a “60 Minutes” report aired on March 1, 2015. I have been living in a condo that has about 350 square feet of flooring furnished by Lumber Liquidators. 60 Minutes has reported that Lumber Liquidators has made large profits from the illegal sale of its potentially dangerous flooring products. While formaldehyde is commonly used in the flooring industry as a binding agent, there are strict limits on how much of the chemical can be used. In addition to formaldehyde safety concerns, Lumber Liqudators is also facing another suit about the quality of some bamboo flooring. Lumber Liquidators, which has a store in Whitehall Township, has questioned the testing method "60 Minutes" used, but is also seeking to reassure customers by sending them formaldehyde test kits. 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