JELD-WEN Holding, Inc.
Company Name | JELD-WEN Holding, Inc. |
Stock Symbol | JELD |
Class Period | January 26, 2017 to October 15, 2018 |
Lead Plaintiff Motion Deadline | April 20, 2020 |
On October 15, 2018, after the market closed, Jeld-Wen reported a $76.5 million charge for third quarter 2018 related to ongoing litigation concerning Jeld-Wen’s anticompetitive behavior. The Company also announced the resignation of its Chief Financial Officer, Brooks Mallard.
On this news, the Company’s stock price fell $4.03, or 19%, to close at $17.28 per share on October 16, 2018, thereby injuring investors.
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