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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 20, 2020 to file lead plaintiff applications in a securities class action lawsuit against JELD-WEN Holding, Inc. (NYSE: JELD).
JELD-WEN and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On October 15, 2018, the Company disclosed that it would be taking a $76.5 million charge related to ongoing antitrust litigation, and the judgment expected to be rendered against the Company therein, brought by independent manufacturers alleging its involvement in a price-fixing conspiracy with another manufacturer, and further announced the sudden resignation of its Chief Financial Officer.
On this news, the price of JELD-WEN’s shares plummeted 19%, on high trading volume.
If you purchased shares of JELD-WEN and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Cambridge Retirement System v. JELD-WEN Holding, Inc., 20-cv-112.
Click here to read the first filed complaint.