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美国证券交易委员会指控Lumber Liquidators因隐藏甲醛而欺诈

发布时间:2019年04月12日| 作者:| 来源:ACFE官网| 点击数: |字体:    |    默认    |   

广告销售的标志在2015年4月29日在伊利诺伊州芝加哥的Lumber Liquidators商店外面。
 

New York (CNN Business)Lumber Liquidators agreed to pay $33 million in penalties for misleading investors about formaldehyde in its laminate flooring products, the SEC announced Tuesday.

In early 2015, Lumber Liquidators made false public statements in response to a "60 Minutes" report that showed undercover video of the company's suppliers saying that they provided Lumber Liquidators with products that did not meet regulatory standards, the SEC said.
Lumber Liquidators told investors that third-party test results of its flooring products proved that it was compliant with formaldehyde emissions standards. It said it had stopped sourcing materials from suppliers that were unable to meet these standards, the SEC said.
Lumber Liquidators (LL), one of the largest flooring companies in America, knew that its largest Chinese supplier had failed third-party formaldehyde emissions testing, the SEC said. The SEC's order also said that despite knowing that the people in the undercover "60 Minutes" video were factory employees of its suppliers, Lumber Liquidators falsely told investors that they were not.
"Pressured by negative publicity, Lumber Liquidators misled investors about its product testing and regulatory compliance programs," said Marc Berger, director of the SEC's New York Regional Office.
The 2015 "60 Minutes" report and subsequent investigations caused Lumber Liquidators' sales to plunge. Its CEO also resigned amid criticism. The company eventually halted the sale of the flooring sourced from China.
The Centers for Disease Control and Prevention issued a report in 2016 that raised its estimate of the cancer risk from formaldehyde in some laminate flooring to between 6 and 30 cancer cases per 100,000 people exposed to the flooring. It had previously estimated between 2 and 9 cases.
In 2018, Lumber Liquidators paid $36 million to settle class-action lawsuits brought by customers who bought the laminate between 2009 and 2015. The company did not admit wrongdoing in the settlement agreement.
"We have cooperated with this investigation and are pleased to have reached a resolution with the U.S. Attorney's Office, DOJ, and SEC," CEO Dennis Knowles said in a statement Tuesday.
 

 

译:美国证券交易委员会周二宣布,纽约(美国有线电视新闻网商业)木材清算人同意支付3300万美元的罚款,误导投资者关于其强化地板产品中的甲醛。

美国证券交易委员会表示,2015年初,Lumber Liquidators针对“60分钟”报告作出虚假的公开声明,该报告显示该公司供应商的卧底视频称他们向Lumber Liquidators提供了不符合监管标准的产品。
Lumber Liquidators告诉投资者,其地板产品的第三方测试结果证明它符合甲醛排放标准。美国证券交易委员会表示,该公司已停止向无法满足这些标准的供应商采购材料。
美国证券交易委员会称,Lumber Liquidators (LL)是美国最大的地板公司之一,它知道其最大的中国供应商未通过第三方甲醛排放测试。美国证券交易委员会的命令还表示,尽管知道秘密“60分钟”视频中的人是其供应商的工厂员工,但Lumber Liquidators错误地告诉投资者他们不是。
 
美国证券交易委员会纽约地区办事处主任Marc Berger表示,“由负面宣传压力,Lumber Liquidators误导了投资者对其产品测试和监管合规计划的看法。”
 
2015年“60分钟”报告及随后的调查导致Lumber Liquidators的销售额大幅下滑。其首席执行官也因批评而辞职。该公司最终停止销售来自中国的地板。
 
美国疾病控制和预防中心于2016年发布了一份报告,将一些强化木地板中甲醛的癌症风险估计值提高到每10万人暴露于地板的6到30个癌症病例。此前估计有2至9例。
 
在 2018年,木材清盘paid亿$ 36解决集体诉讼由购买2009年和2015年该公司之间的层压和解协议不承认不当行为的客户带来的。
“我们已经与这项调查合作,并很高兴与美国检察官办公室,美国司法部和美国证券交易委员会达成一项决议,”首席执行官丹尼斯诺尔斯周二在一份声明中表示。

 

 

作者:Nathaniel Meyersohn,CNN Business

 
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