On Sunday, CBS aired a '60 Minutes' report, which detailed the test related to the 60 Minutes investigation on Lumber Liquidators (LL).

The report revealed that Lumber Liquidators laminate flooring didn't meet California's health and safety standards.

Following the report, US Sen. Bill Nelson of Florida Commission has called for an independent investigation by three federal agencies.

The senator has sent a letter to the heads of the Consumer Product Safety Commission, the Centers for Disease Control and Prevention and the Federal Trade Commission to investigate the laminate flooring made in China and sold by retailer LL.

In '60 Minutes' show that aired on Sunday night, environmental activists accused LL of selling Chinese made laminate floors that contained potentially hazardous levels of formaldehyde, a known carcinogen.

The floors contain six times to seven times more formaldehyde on average, than permitted by California law.

In the show, a doctor was interviewed who warned that formaldehyde at those levels could cause a number of health problems.

Now, Nelson wants to know whether the LL made potentially false marketing claims about the products compliance with a California formaldehyde safety standard.

However, the company mentioned that it abides by applicable regulations for its products, including California standards for formaldehyde emissions for composite wood products.

The company has already withdrawn from the annual Raymond James investor conference, where it had been scheduled to present. Shares of the flooring retailer fell more than 20% after a report Sunday night on 60 Minutes. The company witnessed a steep cut of 12.6% or 5.14 points in its share price.

However, research firm Janney Capital predicted that LL would be largely exonerated from charges made against it on 60 Minutes after the company has the opportunity to present a full rebuttal to the charges made.