Connect with us

Business Wire

JELD-WEN SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against JELD-WEN Holding, Inc. – JELD

Business Wire

Published

on

Reading Time: 2 minutes

NEW ORLEANS–(BUSINESS WIRE)–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), if they purchased the Company’s shares between January 26, 2017 and October 15, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of Virginia.

What You May Do

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 (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-jeld/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 20, 2020.

About the Lawsuit

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.

The case is Cambridge Retirement System v. JELD-WEN Holding, Inc., 20-cv-112.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contacts

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com
1-877-515-1850

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Font Resizer

Advertisement

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Business Wire4 hours ago

TurboTax to Help Millions of Americans Get Their Stimulus Payments with Launch of Free Stimulus Registration Product

Banking/Financial Services5 hours ago

Inovio Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Inovio Pharmaceuticals, Inc. To Contact The Firm

Banking/Financial Services5 hours ago

NORWEGIAN SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Norwegian Cruise Line Holdings Ltd. To Contact The Firm

Banking/Financial Services5 hours ago

FUNKO LEAD PLAINTIFF SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Funko, Inc. To Contact The Firm

Blockchain PR7 hours ago

Global Unmanned Traffic Management (UTM) Industry

Banking/Financial Services8 hours ago

VMWARE DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In VMware, Inc. To Contact The Firm

Banking/Financial Services8 hours ago

ZOOM INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Zoom Video Communications, Inc. To Contact The Firm

Banking/Financial Services8 hours ago

Luckin Coffee Class Action Reminder: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Luckin Coffee Inc. To Contact The Firm

Banking/Financial Services8 hours ago

HF Foods Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In HF Foods Group Inc. To Contact The Firm

Banking/Financial Services8 hours ago

GOLDEN STAR DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Golden Star Resources Ltd. To Contact The Firm

Follow our Tweets

Trending

Please turn AdBlock off