Levi & Korsinsky, LLP announces that a JELD class action lawsuit has been filed on behalf of investors who purchased Jeld-Wen Holding, Inc. (JELD) securities between January 26, 2017 and October 15, 2018. For more on the JELD Lawsuit please contact us today.
According to the Jeld-Wen Holding, Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
(1) the Company’s products, including doors, did not compete against other manufacturers on price, contrary to Jeld-Wen’s representations; (2) the market in which the Company sells its doors is not “highly competitive” as the Company claimed; (3) Jeld-Wen’s strong margins and anticipated margin growth were not, as the Company claimed, attributed to changes they had made in Jeld-Wen’s business operations and strategies; and (4) Jeld-Wen failed to disclose the Company’s anti competitive conduct. Because of the foregoing, Defendants’ statements about the Company’s business, operations and prospects lacked a reasonable basis.
If you suffered a loss in Jeld-Wen Holding, Inc. you have until April 20, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.