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SHAREHOLDER ALERT: Investigation on Behalf of Lumber Liquidators Holdings, Inc. Investors Announced by Law Offices of Howard G. Smith

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Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Lumber Liquidators Holdings, Inc. (“Lumber Liquidators” or the “Company”) (NYSE:LL) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by the Company concerning Lumber Liquidators’ business, operations and financial prospects. Lumber Liquidators, together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories.

The investigation is related to allegations that Lumber Liquidators misrepresented that quality control requirements implemented by the Company would neither affect its extensive and diverse supplier network nor impact its revenue, earnings or margin, and misrepresented that the Company would continue to experience revenue and earnings growth and margin expansion. On July 9, 2014, Lumber Liquidators lowered its previous 2014 financial guidance and disclosed that “lower than planned inventory levels reduced our ability to convert customer interest into invoiced sales,” which the Company attributed to “production delays in meeting our open orders as we continued to enhance our quality assurance requirements.” In addition, the Company announced an expected contraction in second quarter gross margin, primarily the result of greater retail discounting. Following this news, Lumber Liquidators stock dropped more than 21%, or $15.17 per share, to close at $55.25 per share on July 10, 2014, on heavy volume.

If you purchased Lumber Liquidators shares between November 25, 2013 and July 9, 2014, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to, or visit our website at

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