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Federal Court Appoints Steven J. Toll Co-Lead Counsel in Lumber Liquidators Class Action Lawsuit

20:00 EDT 6 Aug 2015 | Globe Newswire

WASHINGTON, Aug. 7, 2015 (GLOBE NEWSWIRE) -- Judge Anthony J. Trenga, of the U.S. District Court for the Eastern District of Virginia, has named Steven J. Toll, Managing Partner of Cohen Milstein Sellers & Toll PLLC, a veteran class action litigator, as co-lead counsel in the high-profile class action lawsuit against Lumber Liquidators. The lawsuit alleges that the flooring company sold noncompliant composite flooring that contains hazardous levels of cancer-causing formaldehyde.

The lawsuit seeks to represent a nationwide class of consumers who allege that Lumber Liquidators sold China-manufactured flooring that was tainted with hazardous levels of formaldehyde while falsely labeling their products as meeting or exceeding California Air Resources Board emissions standards. This composite laminate flooring was sold nationwide under the brand name Lumber Liquidators "Dream Home."

"I appreciate Judge Trenga's confidence in me and in Cohen Milstein to represent the best interests of this class of consumers who potentially have been harmed by the irresponsible and deceptive actions of Lumber Liquidators."

Toll, who has led numerous stock-fraud cases for plaintiffs, steered a lawsuit against Countrywide over mortgage-backed securities to a $500 million settlement in 2013, secured a recovery of $335 million in RALI Mortgage-Backed Securities Ligation that was finally approved in July 2015, and recovered a $275 million settlement in Harborview Mortgage-Backed Securities Litigation in 2014. He is currently co-lead counsel in shareholder litigation against BP related to the 2010 Deepwater Horizon oil spill.

Toll and the two other co-lead counsels, Nancy Fineman of Cotchette, Pitre & McCarthy LLP, of Burlingame, Calif., and Steven Berman, of Hagens Berman Sobol Shapiro LLP, of Seattle, Wash., were among dozens of attorneys seeking court appointment to leadership positions in the class action lawsuit.

For more information about In re: Lumber Liquidators Chinese-Manufactured Flooring Products, Sales Practice and Product Liabilities Litigation, visit http://www.cohenmilstein.com/news.php?NewsID=790

Founded in 1969, Cohen Milstein Sellers & Toll PLLC is a national leader in plaintiff class action lawsuits and litigation. As one of the premier firms in the country handling major complex cases, including securities fraud actions, Cohen Milstein, with over 80 attorneys, has offices in Washington, D.C., New York, Philadelphia, Chicago, Palm Beach Gardens, Fla., and Denver, Colo. For more information, visit http://www.cohenmilstein.com or call (202) 408-4600.

CONTACT: Pamela Avery
         pam@Turner4D.com/402-305-0799

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