By Jaclyn Jaeger2019-03-14T15:56:00
Lumber Liquidators Holdings, a discount retailer of hardwood flooring, will pay a total of $33 million in criminal and regulatory penalties for misleading investors concerning the sale of its laminate flooring from China to its customers in the United States.
2017-05-30T13:00:00Z By CW Staff
Lumber Liquidators, a specialty retailer of hardwood flooring in North America, has appointed Timothy Mulvaney as chief accounting officer. Check out the CW Grapevine for more.
2015-08-18T14:15:00Z By Jaclyn Jaeger
Lumber Liquidators has named Jill Witter as chief compliance and legal officer. Her appointment comes at a time when the embattled hardwood flooring company faces allegations that it sold Chinese-manufactured laminated wood products containing high levels of formaldehyde, posing serious health risks. More inside.
2015-06-05T12:00:00Z By Jaclyn Jaeger
Ray Cotton, chief compliance officer of Lumber Liquidators, apparently left the company in May, according to his LinkedIn page. The embatteld hardwood flooring company currently is under investigation by numerous state and federal agencies and is facing more than 100 class-action lawsuits after a 60 minutes report accused the company ...
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
2025-09-10T22:24:00Z By Adrianne Appel
California, Colorado, and Connecticut launched a joint enforcement sweep against businesses that fail to honor consumers’ online opt-out requests, the states announced Tuesday.
2025-09-09T16:51:00Z By Oscar Gonzalez
A Houston-based freight forwarder, Fracht FWO Inc., will pay $1.6 million for violating U.S. sanctions tied to Venezuela and Iran, according to the Treasury Department’s Office of Foreign Assets Control (OFAC). The fine comes as OFAC ramps up enforcement in recent months.
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