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Law Firm Investigating Potential Claims on Behalf of Lumber Liquidators Shareholders

Faruqi & Faruqi is investigating "potential claims" against the Lumber Liquidators' board of directors by company shareholders over possible Lacey Act violations, the firm said in a press release. "The investigation concerns actions by Lumber Liquidators' Board of Directors that…

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have caused the Company to allegedly violate the federal Lacey Act relating to the allegedly illegal importation of lumber from China and Russia," the press release said. ICE and U.S. Fish and Wildlife Service executed a sealed search warrant on Sept. 26 at the company's Toana and Richmond, Va., corporate offices (see 13092716).