Posts Tagged ‘ Jeld-Wen ’

Counsel in Class Action Lawsuit Against Jeld-Wen Seek Payment

Oct 26th, 2021

After securing a $40 million settlement to end the legal proceedings in a class-action, anti-trust suit against Jeld-Wen, the lawyers are seeking their share of payment. They’re asking for 25% of the settlement plus litigation expenses and interest. Six firms – Robbins Geller Rudman and Dowd, Labaton Sucharow, Cohen Milstein Sellers and Toll, O’Donoghue and […]

Jeld-Wen Brings on Farsad Fotouhi as VP of Sustainability and Social Governance

Oct 15th, 2021

Jeld-Wen announced that Farsad Fotouhi will join the company as vice president of Sustainability and Social Governance, effective October 18. He will be responsible for environmental, social and governance function (ESG) global. Fotouhi has more than 25 years of leadership experience in global health, safety, environment, and sustainability for multinational companies and government agencies. He […]

Jeld-Wen Wins Customer Service Award

Oct 7th, 2021

Earlier this week, NAVEX Global®, an integrated risk and compliance management software, announced the winners of its first annual NAVEX Global Customer Excellence Awards and Jeld-Wen was named the North American winner of Excellence in Corporate Culture Impact category. One of three award categories, the Corporate Culture Impact honor recognizes NAVEX Global customers that have […]

Second Quarter Financials Prove Market Still Has Momentum

Aug 3rd, 2021

Three door and window related companies released their second quarter financial results in recent days, all proving that the market continues to have upward momentum with no signs of a slowdown. Door and window manufacturers Jeld-Wen and Fortune Brands both increased their 2021 outlooks, while distributor Huttig Building Products reported its second consecutive quarter of […]

Jeld-Wen Edges Toward Another Class Settlement

Jun 17th, 2021

A class of investors filed for preliminary approval after reaching a $40 million deal to settle a case with door and window manufacturer Jeld-Wen Inc. The case was originally filed in March 2020 on behalf of investors who purchased the company’s stock between January 26, 2017, and October 15, 2018, alleging their investments were devalued […]

Amid a Renewed Focus on Climate, Companies Say the Earth is Worth More Than a Day’s Celebration

Apr 22nd, 2021

More than 50 years ago today, 20 million Americans took to the streets, across college campuses and hundreds of cities, “to protest environmental ignorance and demand a new way forward,” say officials for earthday.org. The activities of that day helped to spur the passage of new environmental laws in the U.S., they say, including the […]

Jeld-Wen Reports Increases in Fourth Quarter and a Strong 2021 Outlook

Feb 18th, 2021

The news was good for Jeld-Wen in the fourth quarter, and the full year for 2020, according to the company’s latest financial results announced this week. Net revenue increased by 7.7% to $1,151.3 million for the fourth quarter, driven primarily by a 5% increase in core revenue. And although net revenue decreased 1.3% for the full […]

Top Interests in 2020 Included News of Closings and Legal Matters

Dec 30th, 2020

Top 5 Stories of 2020 1: Thermal Windows and Doors Succumbs to Financial Effects of Coronavirus 2: Pella Slapped With $9 Million Lawsuit Claiming Fraudulent Inducement 3: Lawsuit Alleges Pella Architect Series Windows Were Defective 4: Masonite and Jeld-Wen Reach Settlement Agreements for Class-Action Suits 5: Abrupt Closure at Semco Leaves 141 Jobless As each […]

Judge Denies Jeld-Wen’s Motion to Dismiss Investors’ Complaint

Nov 2nd, 2020

This article was updated on November 4, 2020. A court denied Jeld-Wen’s motions last week to dismiss complaints filed against the company alleging that it misled investors by failing to disclose anticompetitive conduct violating federal antitrust law. In an opinion dated October 26, U.S. District Judge John A. Gibney Jr. upheld the case by declaring […]

Info Points to Jeld-Wen Expansion in Wilkesboro

Aug 6th, 2020

It looks like Jeld-Wen will soon be set to expand at its plant in North Wilkesboro, N.C., according to a notice posted on July 29, 2020, from the Town of North Wilkesboro. According to a Notice of Intent to Request Release of Funds, “On or about August 14, 2020 the above named Town of North […]

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