Lumber Liquidators Exec Says Class Doesn't Implicate Him

Law360, New York (August 13, 2015, 7:05 PM EDT) -- The former chief merchandising officer at Lumber Liquidators Holdings Inc. urged a Virginia federal judge Thursday to dismiss complaints against him in a proposed class action alleging the company committed securities fraud by hiding sales of illegally harvested wood and cheap, toxic floors.

In a written memorandum, William Schlegel told Judge Arenda Wright Allen that the purported investor class has tried to “shoehorn” him into a suit along with other executives at the company based in Toano, Virginia, but failed to attribute a single misrepresentation to...
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