I watched this show last night and it displayed what we all talk about here every day, China will label the product to whatever bogus standard you want and will do it willingly and repeatedly without any shame.
60 minutes nailed the Founder of Lumber Liquidators, Tom Sullivan and he was unable to “spin” out of the damning facts shown on the videos of trips to the 3 factories in China.
All 3 factories workers admitted that the product was not CARB2 compliant and that LL was their best client.
This will cripple/kill this company without a doubt. It is the asbestos thing all over again.
Stock down over 20% already today, would bet they will stop/pause trading at some point today.
Play with the Devil, you gonna get burned!
They deserve to go under after this BS.
At least when our Flashlights come with the wrong emitter it doesn’t poison the air we breathe ![]()
JMHO
Later,
Keith