Shareholders Foundation, Inc.

Lumber Liquidators Holdings Inc (NYSE:LL) Investor Alert: Investigation over Potential Wrongdoing

An investigation for investors in shares of Lumber Liquidators Holdings Inc (NYSE:LL) over potential wrongdoing by certain officers and directors was announced and current long-term NYSE:LL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (ReleaseWire) -- 07/16/2014 -- An investigation on behalf of investors in shares of Lumber Liquidators Holdings Inc (NYSE:LL) was announced concerning whether certain Lumber Liquidators officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who purchased shares of Lumber Liquidators Holdings Inc (NYSE:LL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns, among other things, whether certain Lumber Liquidators Holdings officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Lumber Liquidators Holdings Inc reported that its Total Revenue rose from $620.28 million in 2010 to over $1 billion in 2013 and that its respective Net Income increased from $26.27 million to $77.39 million. ,Shares of Lumber Liquidators Holdings Inc (NYSE:LL) rose from $14.62 per share in August 2011 to as high as $119.44 per share in November 2013.

Since then NYSE:LL shares declined to $69.90 per share on July 9, 2014. Then on July 9, 2014, Lumber Liquidators Holdings Inc provided its second quarter 2014 business update and revies its outlook for the fully year 2014.

Shares of Lumber Liquidators Holdings Inc dropped from $69.90 per share on July 9, 2014, to $54.31 per share during July 10, 2014.

On July 14, 2014, NYSE:LL shares closed at $55.15 per share.

Those who purchased shares of Lumber Liquidators Holdings Inc (NYSE:LL), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com