LL Flooring Holdings (LL) Stock

RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company was informed on August 12, 2024 by the New York Stock Exchange (“NYSE”) that based on the Company's and certain of its direct and indirect subsidiaries' voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Chapter 11 proceedings”), the staff of NYSE Regula.

LL Flooring filed for Chapter 11 bankruptcy in Delaware on Sunday as the company aims to reduce its physical footprint and close certain stores while pursuing a going-concern sale.

RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company and certain of its subsidiaries have commenced voluntary Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). LL Flooring intends to use these proceedings to pursue a going-concern sale of its business. LL Flooring is generally operating in the normal course through this process and remains f.

LL Flooring Holdings, Inc., rebranded from Lumber Liquidators in 2020, has been underperforming peers for years and facing bankruptcy rumors. Lumber Liquidators' founder Thomas Sullivan made multiple recent offers to buy the company and was rebuffed, but he just won a proxy battle and joined the Board. While the market has left the company for dead, Sullivan's solid plan to return the company to its profitable roots marks the start of a turnaround.

FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) common stock and is the Company's largest shareholder, today sent an open letter to LL Flooring's shareholders urging them to cast their votes today “FOR” F9's three highly qualified director nominees – Tom Sullivan, Jason Delves, and Jill Witter – to join LL Flooring's Board of Directors.

FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) common stock and is the Company's largest shareholder, today announced that Glass Lewis & Co. (“Glass Lewis”), a leading independent proxy advisory firm, has recommended that LL Flooring shareholders vote on F9's GOLD proxy card “FOR” the election of F9's three highly qualified directo.

FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) common stock and is the Company's largest shareholder, today released a presentation highlighting why change to LL Flooring's Board of Directors (the “Board”) is needed urgently in order to preserve what value is left and begin the process of rebuilding what was once – and can be again – a.

FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) common stock and is the Company's largest shareholder, today mailed a letter to LL Flooring's shareholders highlighting the Board of Directors' (the “Board”) recent record of abysmal stock price performance and flawed “strategic review” process. The letter also contains voting information.

RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today mailed a letter to shareholders in connection with the filing of its definitive proxy statement with the Securities and Exchange Commission (“SEC”) for its upcoming 2024 Annual Meeting of Stockholders. The Company also launched www.VoteLLFlooring.com, which provides additional information and resources to help shareholders vote at the 2024 Annual Meeting of Stockholders. The letter contains.