After the U.S. Court of Appeals for the Fourth Circuit denied a request by Jeld-Wen Inc. for a rehearing of an anti-trust ruling, U.S. District Judge John A. Gibney Jr. issued an order last week certifying a class of investors to proceed in a suit against the company. Investors in the company’s publicly traded stock […]

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 […]

A U.S. District Court granted preliminary approval last week for proposed agreements to settle class-action lawsuits against door manufacturers Jeld-Wen Inc. and Masonite Corp. The agreements were made public August 31, through filings made by both companies with the U.S. Securities and Exchange Commission. According to an article published by the legal news provider Law360, […]