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NEW YORK, Sept. 30, 2013 /PRNewswire/ -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims on behalf of investors of Lumber Liquidators Holdings, Inc. ("Lumber Liquidators" or the "Company")(NYSE: LL). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 237.
The investigation concerns whether Lumber Liquidators and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On September 27, 2013, Lumber Liquidators announced that federal agents from U.S. Immigration and Customs Enforcement and the Fish and Wildlife Service had executed search warrants at the Company's Virginia offices in connection with the importation of certain wood-flooring products.
On this news, shares of Lumber Liquidators shares fell $5.83 per share to more than 5.16% on intraday trading to a closing price of $107.13 on September 27, 2013.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.