Action against Respondent, a flooring retailer, for alleged fraud on investors. According to the SEC, Respondent falsely informed investors that its products complied with environmental regulations. Respondent has agreed to pay disgorgement of $6,037,838 and prejudgment interest of $59,660. The SEC did not impose a civil penalty due to Respondent’s agreement to pay $33 million in criminal fines and forfeiture, less disgorgement paid to the SEC, in a parallel criminal action.

SEC Order

SEC Press Release