A lawsuit is pending for certain investors in JELD-WEN Holding, Inc. (NYSE:JELD) shares and NYSE: JELD stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 11/12/2020 --A lawsuit is currently pending 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 should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On February 19, 2020, a lawsuit was filed against JELD-WEN Holding, Inc. (NYSE: JELD) over alleged violations of Federal Securities. The plaintiff claimed 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.

On June 22, 2020, a consolidated complaint was filed and on July 29, 2020, the defendants filed their motion to dismiss the case.

On October 26, 2020, the Court issued an Order denying Defendants' Motions to Dismiss.

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

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.