A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Lumber Liquidators Holdings Inc (NYSE:LL) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on November 19, 2016 and NYSE:LL investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 11/10/2016 --The Shareholders Foundation announced that a deadline is coming up on November 19, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Lumber Liquidators Holdings Inc (NYSE:LL) between February 22, 2012, and February 27, 2015.

Investors who purchased a significant amount of shares of Lumber Liquidators Holdings Inc (NYSE:LL) between February 22, 2012, and February 27, 2015, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call 858-779-1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Lumber Liquidators Holdings Inc (NYSE:LL) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/lumber-liquidators-holdings-inc-nyse-ll-investor-securities-class-action-lawsuit-11262013

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is November 19, 2016. The class action administrator for this case is A.B. Data Ltd.

The lawsuit was originally filed in the U.S. District Court for the Eastern District of Virginia against Lumber Liquidators Holdings Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between February 22, 2012 and November 21, 2013. According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired Lumber Liquidators Holdings Inc (NYSE:LL) between February 22, 2012 and November 21, 2013, that Lumber Liquidators Holdings Inc and certain of its officers and directors violated the Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. More specifically, the plaintiff alleges that defendants made allegedly false and/or misleading statements and/or failed to disclose that certain of Lumber Liquidators Holdings Inc's products failed to comply with applicable laws and regulations governing formaldehyde emissions from composite wood products, that Lumber Liquidators Holdings Inc imported flooring products sourced from illegally logged wood in the Russian Far East in violation of the Lacey Act, that as a result of the foregoing violations, Lumber Liquidators Holdings Inc faces the risk of large fines, penalties, forfeitures, judgments and/or settlements in connection with government regulatory actions and/or consumer class actions, and that as a result of the foregoing, Lumber Liquidators Holdings Inc's statements were materially false and misleading at all relevant times.

Those who purchased shares of Lumber Liquidators Holdings Inc 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