|Company Name||Jeld-Wen Holding, Inc.|
|Stock Symbol||NYSE: JELD|
|Class Period||January 26, 2019 to October 15, 2018|
|Motion Deadline||April 20, 2020|
A lawsuit has been filed on behalf of shareholders of Jeld-Wen Holding, Inc. (NYSE: JELD) alleging that Jeld-Wen and certain executives violated the federal securities laws. Investors who purchased Jeld-Wen stock between January 26, 2017 and October 15, 2018, that are interested in participating in the lawsuit as a lead plaintiff, are encouraged to submit your information below. Investors may also email the firm to obtain information at email@example.com or call (617) 531-3917.
Jeld-Wen Holding, Inc. is one of the largest door and window manufacturers in the world. The Complaint alleges that throughout the Class Period, Jeld-Wen stated that its products, including doors, compete against those of other manufacturers based on price, and described the market in which the Company sells its doors as “highly competitive.” According to the Complaint, the Company also repeatedly attributed its strong margins and anticipated margin growth to legitimate business factors, such as “strategic pricing decisions” and an increased emphasis on “pricing optimization.” The Complaint alleges that these and similar statements made by Defendants during the Class Period were false and misleading because Defendants knew that Jeld-Wen was engaged in a price-fixing conspiracy and that as a result of Defendants’ misrepresentations, shares of Jeld-Wen’s common stock traded at artificially inflated prices throughout the Class Period. It is alleged that when the market learned the truth about Jeld-Wen, investors suffered damages.
Investors who purchased JELD securities between January 26, 2017 and October 15, 2018, are encouraged to contact the Thornton Law Firm’s shareholder rights team by submitting your information below. Interested JELD shareholders have until April 20, 2020, to apply to be lead plaintiff. The class has not yet been certified. Investors who do not wish to be a lead plaintiff need not take any action.
The Thornton Law Firm’s securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.