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Deadline on April 20th coming up in Lawsuit for Investors in JELD-WEN Holding, Inc. (NYSE: JELD)

04-06-2020 07:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on April 20, 2020 in the lawsuit for certain investors in JELD-WEN Holding, Inc. (NYSE: JELD).

A Deadline is coming up on April 20, 2020 in the lawsuit for certain investors in JELD-WEN Holding, Inc. (NYSE: JELD).

The Shareholders Foundation announced that a deadline is coming up on April 20, 2020 in the lawsuit filed for certain investors of JELD-WEN Holding, Inc. (NYSE: JELD) over alleged securities laws violations by JELD-WEN Holding, Inc.

Investors who purchased shares of JELD-WEN Holding, Inc. (NYSE: JELD) have certain options and there are strict and short deadlines running. Deadline: April 20, 2020. NYSE: JELD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of Virginia the plaintiff alleges on behalf of purchasers of JELD-WEN Holding, Inc. (NYSE: JELD) common shares between January 26, 2017 and October 15, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 26, 2017 and October 15, 2018, 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", that 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", that these and similar statements made by Defendants between January 26, 2017 and October 15, 2018were 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 between January 26, 2017 and October 15, 2018.

Those who purchased shares of JELD-WEN Holding, Inc. (NYSE: JELD) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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