A lawsuit was filed against Jeld-Wen Holding, Inc. (Jeld-Wen) on behalf of its shareholders. Jeld-Wen investors who have purchased at least 40,000 shares of the company’s stock between January 26, 2017 and October 15, 2018, may join the suit.

The lawsuit alleges Jeld-Wen violated federal securities laws. According to the complaint, Jeld-Wen stated 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.” It is also alleged that when the market learned about Jeld-Wen, investors suffered damages.

Leave a Reply

Your email address will not be published. Required fields are marked *