Lumber Liquidators CEO Makes Surprising Admission

During a conference call, Lumber Liquidators CEO Rob Lynch responded to a "60 Minutes" report that exposed excessive levels of cancer-causing formaldehyde in the glue used to bind the company's wood.

During a Thursday morning conference call, Lumber Liquidators CEO Rob Lynch responded to a "60 Minutes" report that exposed excessive levels of cancer-causing formaldehyde in the glue used to bind the company's wood. Lynch admitted preliminary tests had revealed high levels of formaldehyde before the "60 Minutes" story. 

 

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