Stock in Lumber Liquidators crashed on Monday after floors the company installed in homes across the US were linked to the cancer-causing chemical formaldehyde. In a 60 Minutes segment that aired on Sunday, CBS reported that company-installed flooring in at least five states had high levels of formaldehyde. CBS took 31 samples from Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New York and had them sent to certified labs for testing. Scroll down for video A 60 Minutes report found unsafe levels of cancer-causing agent formaldehyde in Lumber Liquidator floors The show sent floors from Virginia, Florida, Texas, Illinois and New York to certified labs for testingA 60 Minutes report found unsafe levels of the cancer-causing chemical formaldehyde in floors the company had installed in five statesShow used formaldehyde standards set by California Air Resources BoardFlooring was taken from Virginia, Florida, Texas, Illinois and New York30 of 31 samples had formaldehyde levels higher than California standardsCompany said its floors comply with standards and are 'completely safe'
In a statement, _ said 'we stand by every single plank of wood and laminate we sell all around the country'.