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Bitter boardroom fight sees LL Flooring founder's return

Posted on AllSides July 12th, 2024
From The Right

One of the fiercest corporate battles of recent years has ended with the return of LL Flooring Holdings’ founder to its board of directors and the ouster of the troubled Henrico County-based company’s chair. LL Flooring has been struggling with soft demand and a U.S. Customs hold on some of its products and has lost money for seven quarters in a row under its current leadership. The company’s founder, and returned board member Thomas Sullivan, led the company, then known as Lumber Liquidators, during a time when a federal investigation...

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https://richmond.com/news/state-regional/business/henrico-virginia-business-ll-flooring/article_60c984d2-404d-11ef-a430-6b105a53dccf.html

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